US Bancorp DE Trims Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

US Bancorp DE lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.2% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,063,360 shares of the company’s stock after selling 121,258 shares during the quarter. US Bancorp DE owned approximately 0.35% of iShares 1-3 Year Treasury Bond ETF worth $86,962,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SHY. EP Wealth Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $145,000. Anchor Investment Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $110,000. Massmutual Trust Co. FSB ADV lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4,604.0% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 9,408 shares of the company’s stock worth $772,000 after purchasing an additional 9,208 shares during the period. Aua Capital Management LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 7.4% during the 4th quarter. Aua Capital Management LLC now owns 57,154 shares of the company’s stock worth $4,689,000 after purchasing an additional 3,921 shares during the period. Finally, IFP Advisors Inc lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 46.0% during the 4th quarter. IFP Advisors Inc now owns 45,147 shares of the company’s stock worth $3,704,000 after purchasing an additional 14,227 shares during the period. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

Shares of SHY stock traded up $0.03 on Tuesday, reaching $81.99. 2,543,019 shares of the stock were exchanged, compared to its average volume of 3,960,455. The stock has a market cap of $23.88 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The firm has a 50 day moving average of $81.49 and a two-hundred day moving average of $81.61. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.62 and a 1-year high of $82.39.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a dividend of $0.2704 per share. The ex-dividend date was Monday, July 1st. This represents a $3.24 dividend on an annualized basis and a dividend yield of 3.96%.

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.