Bank of Montreal Can Sells 99,442 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Bank of Montreal Can cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,449,215 shares of the company’s stock after selling 99,442 shares during the quarter. Bank of Montreal Can owned 1.19% of iShares 1-3 Year Treasury Bond ETF worth $286,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Laurel Wealth Advisors LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8,100.4% in the second quarter. Laurel Wealth Advisors LLC now owns 2,519,904 shares of the company’s stock worth $208,799,000 after buying an additional 2,489,175 shares during the period. Mizuho Markets Americas LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% during the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after purchasing an additional 2,414,144 shares during the period. Barclays PLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 102.6% during the third quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock worth $124,950,000 after purchasing an additional 762,773 shares during the period. Captrust Financial Advisors grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.9% in the second quarter. Captrust Financial Advisors now owns 10,742,829 shares of the company’s stock worth $890,151,000 after purchasing an additional 502,122 shares during the last quarter. Finally, Silicon Valley Capital Partners purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $38,099,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.72 on Wednesday. The business has a 50 day simple moving average of $82.88 and a two-hundred day simple moving average of $82.89. The firm has a market capitalization of $24.18 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.21 and a one year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.223 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.2%.

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.