Bank Julius Baer & Co. Ltd Zurich Trims Position in iShares 1-3 Year Treasury Bond ETF $SHY

Bank Julius Baer & Co. Ltd Zurich trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 91.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 490 shares of the company’s stock after selling 5,443 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $41,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Hantz Financial Services Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $25,000. Howe & Rusling Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after buying an additional 361 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in iShares 1-3 Year Treasury Bond ETF by 45.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after buying an additional 125 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $39,000. Finally, Flaharty Asset Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth about $40,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

NASDAQ:SHY opened at $83.04 on Tuesday. The stock has a market cap of $23.97 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business’s 50-day moving average price is $82.92 and its two-hundred day moving average price is $82.71. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.67 and a twelve month high of $83.14.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a $0.2627 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 3.8%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26.

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.