iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,713,736 shares of the company’s stock after buying an additional 165,473 shares during the period. Bank of New York Mellon Corp owned approximately 1.87% of iShares 1-3 Year Treasury Bond ETF worth $471,783,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. TruWealth Advisors LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 4.5% during the fourth quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock worth $234,000 after buying an additional 121 shares during the period. Bryn Mawr Trust Advisors LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock worth $467,000 after purchasing an additional 126 shares during the period. Savant Capital LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% during the 4th quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock worth $737,000 after purchasing an additional 126 shares during the period. Tower View Wealth Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 11.4% in the 1st quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock valued at $106,000 after purchasing an additional 132 shares during the last quarter. Finally, Cahaba Wealth Management Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.5% in the 1st quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock valued at $2,072,000 after purchasing an additional 133 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.00 on Friday. The firm has a market cap of $25.67 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.79 and a 52-week high of $83.20. The business’s 50 day moving average is $82.04 and its two-hundred day moving average is $82.46.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.2383 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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.