iShares 1-3 Year Treasury Bond ETF $SHY Stock Position Lowered by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lessened its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 142,485 shares of the company’s stock after selling 6,975 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $11,806,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 593,415.6% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 45,617,609 shares of the company’s stock worth $3,728,910,000 after buying an additional 45,609,923 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted its position in iShares 1-3 Year Treasury Bond ETF by 8,173.0% in the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,563,762 shares of the company’s stock worth $129,370,000 after buying an additional 1,544,860 shares in the last quarter. Advisors Preferred LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 460.7% in the 1st quarter. Advisors Preferred LLC now owns 1,240,581 shares of the company’s stock worth $102,323,000 after buying an additional 1,019,314 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in iShares 1-3 Year Treasury Bond ETF by 2,745.4% in the 1st quarter. The Manufacturers Life Insurance Company now owns 873,709 shares of the company’s stock worth $72,282,000 after buying an additional 843,003 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 13.8% in the 1st quarter. Ameriprise Financial Inc. now owns 4,043,180 shares of the company’s stock worth $334,519,000 after buying an additional 490,469 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

SHY stock opened at $82.79 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.67 and a 12-month high of $83.12. The company has a market cap of $23.97 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01. The company has a 50 day moving average of $82.80 and a two-hundred day moving average of $82.63.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be paid a dividend of $0.2563 per share. The ex-dividend date is Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

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.