Magnus Financial Group LLC Acquires 8,263 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Magnus Financial Group LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.9% in the third quarter, Holdings Channel reports. The firm owned 42,817 shares of the company’s stock after purchasing an additional 8,263 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,552,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC lifted its position 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 worth $3,728,910,000 after buying an additional 45,609,923 shares during the period. Captrust Financial Advisors lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.9% during the second quarter. Captrust Financial Advisors now owns 10,742,829 shares of the company’s stock valued at $890,151,000 after acquiring an additional 502,122 shares during the period. Assetmark Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 123.2% in the 2nd 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 in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 74.0% in 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 purchasing an additional 2,734,684 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 9.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,424,160 shares of the company’s stock worth $373,082,000 after purchasing an additional 380,980 shares in 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%

Shares of SHY stock opened at $82.87 on Thursday. The company has a market capitalization of $23.69 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.87 and a 12-month high of $83.14. The firm has a 50-day moving average price of $82.86 and a 200 day moving average price of $82.81.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.2548 per share. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.