Janney Montgomery Scott LLC Has $12.46 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Janney Montgomery Scott LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 48.3% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 150,877 shares of the company’s stock after acquiring an additional 49,140 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $12,458,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHY. Quent Long Short Global Small Cap Fund LP bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $53,414,000. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 118.9% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 84,768 shares of the company’s stock valued at $7,023,000 after purchasing an additional 46,040 shares during the period. Focus Partners Advisor Solutions LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 15.8% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 85,119 shares of the company’s stock worth $7,052,000 after buying an additional 11,593 shares during the period. Finer Wealth Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $1,685,000. Finally, Stapp Wealth Management Pllc lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 211.2% during the fourth quarter. Stapp Wealth Management Pllc now owns 13,302 shares of the company’s stock worth $1,102,000 after buying an additional 9,027 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.3%

SHY opened at $81.84 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.83 and a 1-year high of $83.20. The stock has a market capitalization of $25.06 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The business has a 50 day moving average of $82.15 and a 200-day moving average of $82.53.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be paid a dividend of $0.2383 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date is Wednesday, July 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.