iShares 1-3 Year Treasury Bond ETF $SHY is Broyhill Asset Management LLC’s Largest Position

Broyhill Asset Management LLC decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 31.6% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 81,208 shares of the company’s stock after selling 37,515 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 5.9% of Broyhill Asset Management LLC’s investment portfolio, making the stock its largest position. Broyhill Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,737,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Captrust Financial Advisors boosted its position 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 valued at $890,151,000 after acquiring an additional 502,122 shares during the period. Bank of New York Mellon Corp increased its holdings in iShares 1-3 Year Treasury Bond ETF by 4.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock worth $556,134,000 after acquiring an additional 272,758 shares during the period. Mizuho Markets Americas LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 93.4% during the 3rd quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after acquiring an additional 2,414,144 shares during the period. Ameriprise Financial Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 9.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,424,160 shares of the company’s stock worth $373,082,000 after purchasing an additional 380,980 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 4.2% in the 3rd quarter. Cerity Partners LLC now owns 2,617,150 shares of the company’s stock worth $217,119,000 after purchasing an additional 106,083 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.55 on Friday. The firm has a fifty day moving average price of $82.86 and a two-hundred day moving average price of $82.88. The company has a market cap of $24.13 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 disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors 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 yield of 3.2%.

iShares 1-3 Year Treasury Bond ETF 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.