Mizuho Markets Americas LLC Increases Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Mizuho Markets Americas LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 93.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,000,247 shares of the company’s stock after purchasing an additional 2,414,144 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 7.8% of Mizuho Markets Americas LLC’s investment portfolio, making the stock its 2nd biggest holding. Mizuho Markets Americas LLC owned approximately 1.71% of iShares 1-3 Year Treasury Bond ETF worth $414,820,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. NorthCrest Asset Manangement LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.3% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 62,199 shares of the company’s stock valued at $5,151,000 after buying an additional 2,589 shares during the last quarter. Intrua Financial LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.4% during the third quarter. Intrua Financial LLC now owns 18,427 shares of the company’s stock valued at $1,529,000 after purchasing an additional 598 shares during the last quarter. Formidable Asset Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 20.3% during the third quarter. Formidable Asset Management LLC now owns 4,145 shares of the company’s stock worth $343,000 after purchasing an additional 700 shares during the period. Capital Advisory Group Advisory Services LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 23.9% in the third quarter. Capital Advisory Group Advisory Services LLC now owns 28,344 shares of the company’s stock worth $2,351,000 after purchasing an additional 5,467 shares in the last quarter. Finally, DMC Group LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 14.4% in the third quarter. DMC Group LLC now owns 8,699 shares of the company’s stock valued at $722,000 after purchasing an additional 1,094 shares during the period. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

Shares of SHY stock opened at $82.79 on Monday. The firm’s 50 day moving average is $82.86 and its 200 day moving average is $82.81. The stock has a market capitalization of $23.60 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 $81.87 and a 12 month high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.2548 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Friday, December 19th.

About iShares 1-3 Year Treasury Bond ETF

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.