iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Apella Capital LLC

Apella Capital LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 327.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 152,694 shares of the company’s stock after purchasing an additional 116,984 shares during the period. Apella Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $12,393,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SHY. Bank of America Corp DE grew its position in iShares 1-3 Year Treasury Bond ETF by 28.3% in 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. The Manufacturers Life Insurance Company lifted its holdings in shares of 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 worth $291,110,000 after acquiring an additional 2,454,485 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of 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 worth $262,216,000 after acquiring an additional 1,002,453 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% in the 4th quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock valued at $1,487,841,000 after purchasing an additional 940,434 shares in the last quarter. Finally, CX Institutional boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 118.8% in the 2nd quarter. CX Institutional now owns 894,736 shares of the company’s stock valued at $73,467,000 after purchasing an additional 485,882 shares in the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock traded up $0.04 during midday trading on Thursday, hitting $81.20. 1,230,121 shares of the company traded hands, compared to its average volume of 4,269,661. The stock has a market cap of $26.36 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day moving average price is $81.62 and its 200-day moving average price is $81.97. 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 business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a $0.2410 dividend. This is a decrease 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 yield of 3.6%. The ex-dividend date was Thursday, October 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.