iShares 1-3 Year Treasury Bond ETF $SHY Shares Acquired by SouthState Corp

SouthState Corp lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.0% during the second quarter, Holdings Channel reports. The fund owned 395,358 shares of the company’s stock after purchasing an additional 22,526 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 1.4% of SouthState Corp’s portfolio, making the stock its 15th biggest holding. SouthState Corp’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $32,759,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in SHY. Kingstone Capital Partners Texas LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 593,415.6% during the second quarter. Kingstone Capital Partners Texas LLC now owns 45,617,609 shares of the company’s stock valued at $3,728,910,000 after acquiring an additional 45,609,923 shares during the last quarter. Assetmark Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 123.2% during the second quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock valued at $588,142,000 after acquiring an additional 3,917,307 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 74.0% during the second quarter. Bank of New York Mellon Corp now owns 6,430,879 shares of the company’s stock valued at $532,863,000 after acquiring an additional 2,734,684 shares during the last quarter. Mizuho Markets Americas LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 654.7% during the second quarter. Mizuho Markets Americas LLC now owns 2,586,103 shares of the company’s stock valued at $214,284,000 after acquiring an additional 2,243,457 shares during the last quarter. Finally, Criteria Caixa S.A.U. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $165,720,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1%

SHY opened at $82.69 on Thursday. The firm has a market cap of $23.87 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.67 and a 52 week high of $83.14. The business’s fifty day simple moving average is $82.93 and its 200 day simple moving average is $82.69.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, November 6th. Investors of record on Monday, November 3rd will be paid a dividend of $0.2627 per share. The ex-dividend date of this dividend is Monday, November 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

iShares 1-3 Year Treasury Bond ETF Company Profile

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.