Cypress Capital LLC Raises Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Cypress Capital LLC increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Get Rating) by 2.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 291,569 shares of the company’s stock after purchasing an additional 8,141 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 3.1% of Cypress Capital LLC’s holdings, making the stock its 10th biggest holding. Cypress Capital LLC owned 0.10% of iShares 1-3 Year Treasury Bond ETF worth $24,302,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of SHY. JPMorgan Chase & Co. grew its position in iShares 1-3 Year Treasury Bond ETF by 21.4% in the fourth quarter. JPMorgan Chase & Co. now owns 22,342,709 shares of the company’s stock valued at $1,911,197,000 after acquiring an additional 3,945,576 shares during the last quarter. SBB Research Group LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $143,241,000. Alliancebernstein L.P. grew its position in iShares 1-3 Year Treasury Bond ETF by 150.5% in the fourth quarter. Alliancebernstein L.P. now owns 2,043,634 shares of the company’s stock valued at $174,812,000 after acquiring an additional 1,227,666 shares during the last quarter. Envestnet Asset Management Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 27.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 5,513,096 shares of the company’s stock valued at $471,591,000 after acquiring an additional 1,203,708 shares during the last quarter. Finally, Forward Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 23.1% in the fourth quarter. Forward Management LLC now owns 6,347,827 shares of the company’s stock valued at $542,993,000 after acquiring an additional 1,189,171 shares during the last quarter.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.47 on Friday. The stock’s 50-day moving average is $82.71 and its 200-day moving average is $83.42. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.94 and a 1-year high of $86.27.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 8th. Investors of record on Tuesday, July 5th were paid a $0.079 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.07. This represents a $0.95 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date was Friday, July 1st.