Fifth Third Bancorp Has $25.04 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Fifth Third Bancorp lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 305,471 shares of the company’s stock after selling 5,704 shares during the period. Fifth Third Bancorp owned 0.11% of iShares 1-3 Year Treasury Bond ETF worth $25,043,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Carr Financial Group Corp boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 281.1% during the 4th quarter. Carr Financial Group Corp now owns 129,891 shares of the company’s stock worth $10,648,000 after buying an additional 95,811 shares during the period. CX Institutional boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 44.6% during the fourth quarter. CX Institutional now owns 278,475 shares of the company’s stock worth $22,829,000 after acquiring an additional 85,861 shares during the period. Impact Partnership Wealth LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $771,000. Patriot Investment Management Group Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 3.0% during the fourth quarter. Patriot Investment Management Group Inc. now owns 85,202 shares of the company’s stock worth $6,985,000 after purchasing an additional 2,474 shares during the period. Finally, MFA Wealth Services acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $4,973,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.14 on Friday. The firm has a market cap of $23.02 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock’s fifty day moving average price is $82.02 and its two-hundred day moving average price is $82.34. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.10%.

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.