NewEdge Advisors LLC Boosts Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

NewEdge Advisors LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 98.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 296,762 shares of the company’s stock after purchasing an additional 147,382 shares during the quarter. NewEdge Advisors LLC owned approximately 0.10% of iShares 1-3 Year Treasury Bond ETF worth $24,504,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SHY. Captrust Financial Advisors boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% during the fourth quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock worth $1,487,841,000 after acquiring an additional 940,434 shares during the last quarter. Bank of America Corp DE increased its holdings in iShares 1-3 Year Treasury Bond ETF by 28.3% in the 1st 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. JPMorgan Chase & Co. lifted its stake in 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 purchasing an additional 467,629 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in iShares 1-3 Year Treasury Bond ETF by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock worth $471,783,000 after purchasing an additional 165,473 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after purchasing an additional 4,206,546 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.92 on Friday. The firm has a market cap of $25.09 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The business has a 50-day moving average price of $81.95 and a 200-day moving average price of $82.36. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.75 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a dividend of $0.2508 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. 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.