JPMorgan Chase & Co. Has $904.90 Million Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

JPMorgan Chase & Co. lowered its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,920,793 shares of the company’s stock after selling 499,313 shares during the period. JPMorgan Chase & Co. owned 3.86% of iShares 1-3 Year Treasury Bond ETF worth $904,897,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Live Oak Private Wealth LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.9% during the second quarter. Live Oak Private Wealth LLC now owns 6,613 shares of the company’s stock worth $548,000 after purchasing an additional 123 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in iShares 1-3 Year Treasury Bond ETF by 45.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 125 shares in the last quarter. Robinson Value Management Ltd. increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 1st quarter. Robinson Value Management Ltd. now owns 18,177 shares of the company’s stock valued at $1,504,000 after purchasing an additional 128 shares in the last quarter. Stolper Co raised its holdings in iShares 1-3 Year Treasury Bond ETF by 1.6% during the second quarter. Stolper Co now owns 8,250 shares of the company’s stock worth $684,000 after buying an additional 132 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.9% in the first quarter. Invesco Ltd. now owns 6,996 shares of the company’s stock valued at $579,000 after buying an additional 133 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $83.03 on Friday. The stock has a market capitalization of $23.97 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The company has a 50-day moving average price of $82.92 and a 200-day moving average price of $82.70. 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 business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a dividend of $0.2627 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.