Rockefeller Capital Management L.P. Has $33.29 Million Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Rockefeller Capital Management L.P. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 68.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 402,004 shares of the company’s stock after purchasing an additional 164,028 shares during the period. Rockefeller Capital Management L.P.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $33,294,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. TruWealth Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 4.5% in the fourth quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock valued at $234,000 after buying an additional 121 shares during the period. Bryn Mawr Trust Advisors LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after acquiring an additional 126 shares during the last quarter. Savant Capital LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.4% during the 4th quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock worth $737,000 after acquiring an additional 126 shares during the last quarter. Clientfirst Wealth Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.2% during the 3rd quarter. Clientfirst Wealth Management LLC now owns 11,689 shares of the company’s stock worth $970,000 after acquiring an additional 133 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.9% during the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 14,699 shares of the company’s stock valued at $1,219,000 after purchasing an additional 134 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $81.99 on Monday. The company has a 50 day moving average price of $82.23 and a two-hundred day moving average price of $82.58. The company has a market capitalization of $25.11 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.86 and a 52 week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a $0.2429 dividend. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.