Members Trust Co Cuts Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Members Trust Co lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,255 shares of the company’s stock after selling 23,784 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 0.3% of Members Trust Co’s investment portfolio, making the stock its 20th biggest position. Members Trust Co’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,131,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in SHY. Captrust Financial Advisors raised its holdings in iShares 1-3 Year Treasury Bond ETF by 58.5% in the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after acquiring an additional 6,281,496 shares in the last quarter. Bank of America Corp DE lifted its stake in iShares 1-3 Year Treasury Bond ETF by 1.1% in the third quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after acquiring an additional 133,178 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in iShares 1-3 Year Treasury Bond ETF by 4.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock worth $556,134,000 after acquiring an additional 272,758 shares in the last quarter. Mizuho Markets Americas LLC grew its holdings in 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 worth $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% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock valued at $388,325,000 after purchasing an additional 257,934 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

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

Shares of SHY opened at $82.57 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20. The firm’s fifty day simple moving average is $82.77 and its 200-day simple moving average is $82.85. The firm has a market capitalization of $24.14 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 announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.223 dividend. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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.