iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Cut by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC reduced its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 13.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,708 shares of the company’s stock after selling 4,038 shares during the period. Crestwood Advisors Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,109,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Morgan Stanley raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 16.9% during the 4th quarter. Morgan Stanley now owns 20,028,074 shares of the company’s stock worth $1,625,679,000 after purchasing an additional 2,893,771 shares in the last quarter. BlackRock Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 20.6% during the 1st quarter. BlackRock Inc. now owns 10,877,633 shares of the company’s stock worth $893,706,000 after purchasing an additional 1,858,137 shares in the last quarter. Balentine LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.5% during the 3rd quarter. Balentine LLC now owns 9,242,041 shares of the company’s stock worth $748,328,000 after purchasing an additional 136,230 shares in the last quarter. Assetmark Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 601.3% during the 3rd quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock worth $637,571,000 after purchasing an additional 6,751,373 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 20.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock valued at $447,882,000 after acquiring an additional 939,567 shares during the last quarter. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $81.21 on Friday. The business’s 50-day simple moving average is $81.62 and its 200-day simple moving average is $81.54. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.60.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.2705 dividend. This represents a $3.25 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend was Monday, April 1st.

About iShares 1-3 Year Treasury Bond ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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