LPL Financial LLC Sells 318,924 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

LPL Financial LLC cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,297,662 shares of the company’s stock after selling 318,924 shares during the period. LPL Financial LLC owned about 2.15% of iShares 1-3 Year Treasury Bond ETF worth $521,572,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Captrust Financial Advisors increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% in the 3rd quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after buying an additional 6,281,496 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% in the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after buying an additional 133,178 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock worth $878,695,000 after buying an additional 467,629 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after buying an additional 4,206,546 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock worth $388,325,000 after buying an additional 257,934 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $81.90 on Tuesday. The company’s 50-day moving average price is $82.30 and its 200-day moving average price is $82.64. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.86 and a twelve month high of $83.20. The company has a market cap of $25.08 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.2429 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, June 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

iShares 1-3 Year Treasury Bond ETF 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.