C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Trims Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lowered its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 58.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,229 shares of the company’s stock after selling 7,344 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $433,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Captrust Financial Advisors lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% during the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after acquiring an additional 6,281,496 shares in the last quarter. Mizuho Markets Americas LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% in the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock valued at $414,820,000 after purchasing an additional 2,414,144 shares in the last quarter. Proficio Capital Partners LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1,164.2% during the 3rd quarter. Proficio Capital Partners LLC now owns 1,040,956 shares of the company’s stock valued at $86,358,000 after purchasing an additional 958,615 shares during the period. Barclays PLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 102.6% during the 3rd quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock valued at $124,950,000 after purchasing an additional 762,773 shares during the period. Finally, Tower Research Capital LLC TRC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 23,228.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 562,446 shares of the company’s stock worth $46,661,000 after purchasing an additional 560,035 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.36 on Monday. The company has a market cap of $24.69 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 $82.21 and a 52 week high of $83.20. The business has a 50-day simple moving average of $82.74 and a two-hundred day simple moving average of $82.83.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be issued a $0.2469 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. This represents a c) dividend on an annualized basis 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.