Hudock Inc. Has $2.45 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Hudock Inc. reduced its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.7% in the 2nd quarter, Holdings Channel reports. The fund owned 29,615 shares of the company’s stock after selling 2,138 shares during the period. Hudock Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,454,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 593,415.6% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 45,617,609 shares of the company’s stock valued at $3,728,910,000 after purchasing an additional 45,609,923 shares in the last quarter. Assetmark Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 123.2% during the second quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock valued at $588,142,000 after purchasing an additional 3,917,307 shares during the last quarter. LPL Financial LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.5% in the first quarter. LPL Financial LLC now owns 6,855,478 shares of the company’s stock valued at $567,154,000 after purchasing an additional 417,922 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 74.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 6,430,879 shares of the company’s stock worth $532,863,000 after buying an additional 2,734,684 shares during the period. Finally, Raymond James Financial Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 6.8% in the 1st quarter. Raymond James Financial Inc. now owns 5,068,597 shares of the company’s stock valued at $419,325,000 after buying an additional 323,185 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

SHY opened at $82.85 on Thursday. The business has a 50 day moving average of $82.92 and a 200-day moving average of $82.70. The stock has a market capitalization of $23.92 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.67 and a 1-year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were given a $0.2627 dividend. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26.

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.