NewEdge Wealth LLC Purchases 15,000 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

NewEdge Wealth LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 213.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,029 shares of the company’s stock after buying an additional 15,000 shares during the period. NewEdge Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,822,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 123.2% during the second quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock valued at $588,142,000 after purchasing an additional 3,917,307 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 74.0% in the second quarter. Bank of New York Mellon Corp now owns 6,430,879 shares of the company’s stock valued at $532,863,000 after purchasing an additional 2,734,684 shares during the period. Laurel Wealth Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 8,100.4% in the second quarter. Laurel Wealth Advisors LLC now owns 2,519,904 shares of the company’s stock valued at $208,799,000 after purchasing an additional 2,489,175 shares during the period. Mizuho Markets Americas LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% during the 3rd quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock valued at $414,820,000 after buying an additional 2,414,144 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 4.9% in the 2nd quarter. Captrust Financial Advisors now owns 10,742,829 shares of the company’s stock worth $890,151,000 after buying an additional 502,122 shares during the period. Institutional investors own 23.15% of the company’s stock.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.99 on Friday. The firm has a 50 day simple moving average of $82.86 and a 200 day simple moving average of $82.87. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $82.14 and a 1-year high of $83.14. The firm has a market capitalization of $24.26 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.25 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.