US Bancorp DE Has $64.58 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

US Bancorp DE trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 779,757 shares of the company’s stock after selling 44,680 shares during the period. US Bancorp DE’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $64,580,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Key Financial Inc increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 196 shares during the last quarter. Pflug Koory LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares during the last quarter. Holos Integrated Wealth LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $29,000. Lodestone Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $29,000. Finally, Valley National Advisers Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $33,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.48 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.21 and a one year high of $83.20. The company has a market cap of $25.53 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day moving average price is $82.58 and its two-hundred day moving average price is $82.78.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st will be issued a $0.2428 dividend. The ex-dividend date is Friday, May 1st.

iShares 1-3 Year Treasury Bond ETF 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.