StoneX Group Inc. Raises Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

StoneX Group Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 14.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 29,981 shares of the company’s stock after purchasing an additional 3,862 shares during the quarter. StoneX Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,458,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after buying an additional 8,173,293 shares in the last quarter. Raymond James Financial Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $389,029,000. JPMorgan Chase & Co. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 47.8% in the 4th quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock valued at $946,428,000 after acquiring an additional 3,731,847 shares in the last quarter. Essential Planning LLC. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 4,992.9% during the 4th quarter. Essential Planning LLC. now owns 2,454,066 shares of the company’s stock valued at $201,794,000 after acquiring an additional 2,405,880 shares during the last quarter. Finally, Assetmark Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 94.0% during the fourth quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock worth $334,149,000 after purchasing an additional 1,975,432 shares in the last quarter. 23.15% of the stock is owned by institutional investors.

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

SHY stock opened at $82.48 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The stock has a market cap of $23.24 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01. The company’s 50 day moving average is $82.30 and its 200 day moving average is $82.29.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.2798 per share. This represents a $3.36 annualized dividend and a dividend yield of 4.07%. The ex-dividend date of this dividend is Tuesday, April 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.