iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by Americana Partners LLC

Americana Partners LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.5% during the third quarter, HoldingsChannel.com reports. The firm owned 1,048,179 shares of the company’s stock after acquiring an additional 54,591 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.8% of Americana Partners LLC’s holdings, making the stock its 9th biggest holding. Americana Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $85,112,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% in the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after purchasing an additional 3,451,890 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock worth $471,783,000 after buying an additional 165,473 shares during the last quarter. RPOA Advisors Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $301,889,000. The Manufacturers Life Insurance Company boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 225.0% in the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after acquiring an additional 2,454,485 shares during the last quarter. Finally, Assetmark Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 46.1% in the first quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock valued at $262,216,000 after acquiring an additional 1,002,453 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

SHY stock opened at $81.70 on Friday. The company has a market cap of $27.48 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock has a 50-day moving average price of $81.43 and a two-hundred day moving average price of $82.12. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.95 and a 12-month high of $83.20.

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 paid a $0.2410 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.89 annualized dividend and a dividend yield of 3.5%. This is a decrease from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440.

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.