iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Banco Santander S.A.

Banco Santander S.A. cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,492 shares of the company’s stock after selling 1,674 shares during the period. Banco Santander S.A.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,430,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SHY. Criterion Capital Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth $35,000. Future Financial Wealth Managment LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $36,000. Mather Group LLC. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $39,000. Fortitude Family Office LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $45,000. Finally, Atticus Wealth Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 76.0% in the 1st quarter. Atticus Wealth Management LLC now owns 549 shares of the company’s stock valued at $45,000 after acquiring an additional 237 shares during the period. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY traded down $0.04 during mid-day trading on Friday, hitting $81.92. The stock had a trading volume of 2,041,664 shares, compared to its average volume of 3,931,220. The company has a 50 day moving average of $81.54 and a two-hundred day moving average of $81.61. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.62 and a twelve month high of $82.39. The firm has a market cap of $24.04 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were given a $0.2704 dividend. This represents a $3.24 annualized dividend and a dividend yield of 3.96%. The ex-dividend date was Monday, July 1st.

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.