CX Institutional Has $33.14 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

CX Institutional increased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 399,452 shares of the company’s stock after buying an additional 46,965 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 1.0% of CX Institutional’s portfolio, making the stock its 24th largest holding. CX Institutional owned 0.14% of iShares 1-3 Year Treasury Bond ETF worth $33,139,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SHY. JARISLOWSKY FRASER Ltd lifted its stake in iShares 1-3 Year Treasury Bond ETF by 66.9% during the third quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock worth $3,445,000 after purchasing an additional 16,647 shares during the period. Allspring Global Investments Holdings LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 222,472 shares of the company’s stock worth $18,456,000 after buying an additional 17,761 shares during the period. Atlantic Union Bankshares Corp bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $75,000. B. Riley Wealth Advisors Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $1,734,000. Finally, Silver Oak Securities Incorporated grew its position in iShares 1-3 Year Treasury Bond ETF by 96.0% in the second quarter. Silver Oak Securities Incorporated now owns 153,099 shares of the company’s stock valued at $12,686,000 after acquiring an additional 74,972 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $82.90 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.81 and a 52-week high of $83.14. The business has a fifty day moving average of $82.86 and a two-hundred day moving average of $82.80. The stock has a market cap of $23.64 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a $0.2548 dividend. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.