Seelaus Asset Management LLC Has $225,000 Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Seelaus Asset Management LLC reduced its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 36.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 2,709 shares of the company’s stock after selling 1,575 shares during the period. Seelaus Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $225,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in SHY. LPL Financial LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.4% during the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after acquiring an additional 422,978 shares during the last quarter. Captrust Financial Advisors lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 8.7% in the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after buying an additional 379,718 shares during the period. Raymond James & Associates boosted its stake in iShares 1-3 Year Treasury Bond ETF by 9.1% in the second quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock valued at $246,738,000 after acquiring an additional 250,959 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 5.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,658,189 shares of the company’s stock worth $135,391,000 after acquiring an additional 83,881 shares during the period. Finally, Cerity Partners OCIO LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $129,075,000. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

iShares 1-3 Year Treasury Bond ETF stock opened at $82.02 on Friday. The firm has a market capitalization of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business has a 50-day moving average of $82.61 and a 200-day moving average of $82.13. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.2831 per share. This represents a $3.40 annualized dividend and a yield of 4.14%. The ex-dividend date was Friday, November 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.