iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is Balentine LLC’s Largest Position

Balentine LLC lessened its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,118,230 shares of the company’s stock after selling 1,123,811 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 21.2% of Balentine LLC’s holdings, making the stock its biggest position. Balentine LLC owned approximately 2.60% of iShares 1-3 Year Treasury Bond ETF worth $666,020,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. UBS Group AG increased its holdings in iShares 1-3 Year Treasury Bond ETF by 2.9% in the fourth quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock valued at $508,838,000 after buying an additional 177,582 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 20.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock valued at $447,882,000 after buying an additional 939,567 shares in the last quarter. Cornell University purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $35,212,000. Raymond James & Associates increased its holdings in iShares 1-3 Year Treasury Bond ETF by 2.5% in the fourth quarter. Raymond James & Associates now owns 2,792,956 shares of the company’s stock valued at $229,134,000 after buying an additional 67,091 shares in the last quarter. Finally, Cerity Partners LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 43.6% in the fourth quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock valued at $201,006,000 after purchasing an additional 744,074 shares during the period. Hedge funds and other institutional investors own 23.62% of the company’s stock.

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

Shares of NASDAQ SHY traded up $0.05 during trading on Tuesday, hitting $81.45. The company had a trading volume of 169,249 shares, compared to its average volume of 4,300,317. The stock has a fifty day simple moving average of $81.39 and a two-hundred day simple moving average of $81.61. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.55 and a fifty-two week high of $82.39. The firm has a market capitalization of $24.47 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a $0.2616 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.14 annualized dividend and a dividend yield of 3.85%.

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.