Charles Schwab Investment Management Inc. Has $268.05 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Charles Schwab Investment Management Inc. cut its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 40.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,267,337 shares of the company’s stock after selling 2,264,119 shares during the period. Charles Schwab Investment Management Inc. owned 1.05% of iShares 1-3 Year Treasury Bond ETF worth $268,052,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Assetmark Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 601.3% during the 3rd quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock worth $637,571,000 after purchasing an additional 6,751,373 shares during the last quarter. Cornell University acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $35,212,000. International Assets Investment Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $119,012,000. Cerity Partners LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 43.6% during the 4th quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock worth $201,006,000 after purchasing an additional 744,074 shares during the last quarter. Finally, Syon Capital LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $52,126,000. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

NASDAQ:SHY opened at $81.28 on Thursday. The stock has a market cap of $24.54 billion, a P/E ratio of 3,695.45 and a beta of 0.04. The stock has a 50 day simple moving average of $81.45 and a 200 day simple moving average of $81.59. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.55 and a 1-year high of $82.43.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were paid a dividend of $0.2616 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.14 dividend on an annualized basis and a yield of 3.86%.

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.