iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,609,701 shares of the company’s stock after buying an additional 467,629 shares during the period. JPMorgan Chase & Co. owned 3.63% of iShares 1-3 Year Treasury Bond ETF worth $878,695,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Captrust Financial Advisors increased its position in iShares 1-3 Year Treasury Bond ETF by 58.5% in the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after buying an additional 6,281,496 shares during the period. Bank of America Corp DE increased its position in iShares 1-3 Year Treasury Bond ETF by 1.1% in the third quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after buying an additional 133,178 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in iShares 1-3 Year Treasury Bond ETF by 387.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after buying an additional 4,206,546 shares during the period. Ameriprise Financial Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 5.8% in the third quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock worth $388,325,000 after buying an additional 257,934 shares during the period. Finally, Raymond James Financial Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 2.5% in the third quarter. Raymond James Financial Inc. now owns 4,299,580 shares of the company’s stock worth $356,693,000 after buying an additional 103,291 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $81.94 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.86 and a 1-year high of $83.20. The business’s fifty day moving average price is $82.29 and its two-hundred day moving average price is $82.63. The firm has a market capitalization of $25.09 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a $0.2429 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, June 1st.

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.