Fifth Third Bancorp Has $26.25 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

Fifth Third Bancorp grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 316,415 shares of the company’s stock after buying an additional 6,453 shares during the period. Fifth Third Bancorp owned 0.11% of iShares 1-3 Year Treasury Bond ETF worth $26,250,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Live Oak Private Wealth LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 1.9% during the 2nd quarter. Live Oak Private Wealth LLC now owns 6,613 shares of the company’s stock valued at $548,000 after purchasing an additional 123 shares during the period. Aspire Growth Partners LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.0% in the 3rd quarter. Aspire Growth Partners LLC now owns 13,284 shares of the company’s stock valued at $1,102,000 after purchasing an additional 127 shares during the last quarter. Onyx Bridge Wealth Group LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock valued at $437,000 after purchasing an additional 128 shares during the last quarter. Belpointe Asset Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% during the third quarter. Belpointe Asset Management LLC now owns 17,415 shares of the company’s stock worth $1,445,000 after buying an additional 131 shares during the period. Finally, ESL Trust Services LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 6.5% during the third quarter. ESL Trust Services LLC now owns 2,194 shares of the company’s stock worth $182,000 after buying an additional 133 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2%

Shares of SHY opened at $83.06 on Tuesday. The firm’s fifty day simple moving average is $82.85 and its two-hundred day simple moving average is $82.87. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.03 and a 12 month high of $83.14. The stock has a market capitalization of $24.28 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.25 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.