JPMorgan Chase & Co. Has $841.39 Million Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

JPMorgan Chase & Co. decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,142,072 shares of the company’s stock after selling 778,721 shares during the quarter. JPMorgan Chase & Co. owned about 3.51% of iShares 1-3 Year Treasury Bond ETF worth $841,386,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of SHY. Hantz Financial Services Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $25,000. Key Financial Inc increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% during the third quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after acquiring an additional 196 shares in the last quarter. Pflug Koory LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after acquiring an additional 287 shares during the last quarter. Delos Wealth Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $29,000. Finally, Howe & Rusling Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after acquiring an additional 361 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $83.03 on Wednesday. The stock has a 50 day moving average price of $82.86 and a two-hundred day moving average price of $82.87. The firm has a market capitalization of $24.27 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.03 and a 52 week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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