202,443 iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by MBL Wealth LLC

MBL Wealth LLC trimmed its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 94.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,018 shares of the company’s stock after selling 202,443 shares during the quarter. MBL Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $895,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% during the first quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after acquiring an additional 3,451,890 shares during the last quarter. Bank of New York Mellon Corp raised its stake in iShares 1-3 Year Treasury Bond ETF by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock valued at $471,783,000 after purchasing an additional 165,473 shares during the last quarter. RPOA Advisors Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $301,889,000. The Manufacturers Life Insurance Company raised its stake in iShares 1-3 Year Treasury Bond ETF by 225.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after purchasing an additional 2,454,485 shares during the last quarter. Finally, Assetmark Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 46.1% in the 1st quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock valued at $262,216,000 after purchasing an additional 1,002,453 shares during the last quarter. 23.15% 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 $81.50 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.95 and a 12-month high of $83.20. The firm has a market cap of $27.27 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The company’s 50-day moving average is $81.47 and its two-hundred day moving average is $81.88.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.2410 dividend. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. This represents a $2.89 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Thursday, October 1st.

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.