iShares 1-3 Year Treasury Bond ETF $SHY Shares Acquired by Apollon Wealth Management LLC

Apollon Wealth Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 68.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 17,807 shares of the company’s stock after buying an additional 7,214 shares during the period. Apollon Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,470,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the business. Captrust Financial Advisors increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% in the fourth quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock worth $1,487,841,000 after acquiring an additional 940,434 shares during the period. Bank of America Corp DE lifted its position in iShares 1-3 Year Treasury Bond ETF by 1.1% during the third quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock valued at $973,965,000 after purchasing an additional 133,178 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 4.6% in the fourth quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock valued at $878,695,000 after purchasing an additional 467,629 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 387.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after purchasing an additional 4,206,546 shares during the last quarter. Finally, Wells Fargo & Company MN grew its position in iShares 1-3 Year Treasury Bond ETF by 0.9% during the 4th quarter. Wells Fargo & Company MN now owns 5,213,941 shares of the company’s stock worth $431,819,000 after purchasing an additional 45,271 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $81.84 on Thursday. The business’s 50-day moving average is $82.15 and its two-hundred day moving average is $82.53. The company has a market capitalization of $25.06 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.83 and a fifty-two week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be issued a $0.2383 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a 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.