Stephens Inc. AR Has $40.18 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Stephens Inc. AR reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.4% during the 4th quarter, HoldingsChannel reports. The fund owned 485,202 shares of the company’s stock after selling 27,834 shares during the quarter. Stephens Inc. AR’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $40,184,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. AlphaCore Capital LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 2,208.6% in the 4th quarter. AlphaCore Capital LLC now owns 7,526 shares of the company’s stock valued at $623,000 after acquiring an additional 7,200 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in iShares 1-3 Year Treasury Bond ETF by 387.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after acquiring an additional 4,206,546 shares in the last quarter. WHI TRUST Co LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $1,862,000. SkyOak Wealth LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 11.4% in the 4th quarter. SkyOak Wealth LLC now owns 8,386 shares of the company’s stock valued at $695,000 after acquiring an additional 856 shares in the last quarter. Finally, Trevian Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $915,000. 23.15% of the stock is owned by institutional investors.

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

SHY opened at $82.06 on Friday. The stock has a market capitalization of $25.13 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.06 and a 12 month high of $83.20. The firm’s fifty day simple moving average is $82.44 and its 200 day simple moving average is $82.73.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a $0.2428 dividend. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Friday, May 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.