iShares 1-3 Year Treasury Bond ETF $SHY Stock Holdings Reduced by Stapp Wealth Management Pllc

Stapp Wealth Management Pllc trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 69.7% in the third quarter, HoldingsChannel reports. The fund owned 4,057 shares of the company’s stock after selling 9,320 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 0.4% of Stapp Wealth Management Pllc’s investment portfolio, making the stock its 28th biggest position. Stapp Wealth Management Pllc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $329,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. Captrust Financial Advisors grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% during the 4th quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock valued at $1,487,841,000 after purchasing an additional 940,434 shares during the last quarter. Bank of America Corp DE raised its position in iShares 1-3 Year Treasury Bond ETF by 28.3% in the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock worth $1,292,182,000 after purchasing an additional 3,451,890 shares during the period. Bank of New York Mellon Corp raised its position in iShares 1-3 Year Treasury Bond ETF by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock worth $471,783,000 after purchasing an additional 165,473 shares during the period. The Manufacturers Life Insurance Company lifted its stake in iShares 1-3 Year Treasury Bond ETF by 225.0% in the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock worth $291,110,000 after purchasing an additional 2,454,485 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 46.1% in the first quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock worth $262,216,000 after purchasing an additional 1,002,453 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

iShares 1-3 Year Treasury Bond ETF stock opened at $81.17 on Thursday. The firm has a fifty day simple moving average of $81.55 and a two-hundred day simple moving average of $81.93. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.95 and a twelve month high of $83.20. The company has a market capitalization of $26.87 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.2410 dividend. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.89 dividend on an annualized basis and a dividend yield of 3.6%.

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.