iShares 1-3 Year Treasury Bond ETF $SHY Holdings Lessened by MFA Wealth Services

MFA Wealth Services reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,431 shares of the company’s stock after selling 9,774 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 3.1% of MFA Wealth Services’ portfolio, making the stock its 6th largest position. MFA Wealth Services’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,516,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE increased its stake in iShares 1-3 Year Treasury Bond ETF by 1.1% during the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after buying an additional 133,178 shares during the period. Captrust Financial Advisors boosted its position 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 valued at $890,151,000 after buying an additional 502,122 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.2% during the third quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock valued at $556,134,000 after acquiring an additional 272,758 shares in the last quarter. Mizuho Markets Americas LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% during the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock valued at $414,820,000 after acquiring an additional 2,414,144 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% during the third quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock worth $388,325,000 after acquiring an additional 257,934 shares during the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.65 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.21 and a one year high of $83.20. The business’s 50-day simple moving average is $82.86 and its 200 day simple moving average is $82.88. The stock has a market cap of $24.16 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 firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.223 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.2%.

iShares 1-3 Year Treasury Bond ETF 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.