Smithfield Trust Co Has $91.84 Million Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Smithfield Trust Co grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,107,159 shares of the company’s stock after acquiring an additional 7,529 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 4.1% of Smithfield Trust Co’s holdings, making the stock its 4th biggest holding. Smithfield Trust Co owned about 0.38% of iShares 1-3 Year Treasury Bond ETF worth $91,839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of SHY. Assetmark Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 123.2% in the second quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock worth $588,142,000 after purchasing an additional 3,917,307 shares in the last quarter. Bank of New York Mellon Corp lifted 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 buying an additional 2,734,684 shares during the period. Laurel Wealth Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8,100.4% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,519,904 shares of the company’s stock worth $208,799,000 after buying an additional 2,489,175 shares during the period. Mizuho Markets Americas LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% during the 3rd quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after buying an additional 2,414,144 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake 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 buying an additional 502,122 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $83.06 on Monday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $82.03 and a 1-year high of $83.14. The business has a 50-day moving average price of $82.84 and a 200 day moving average price of $82.86. The company has a market capitalization of $24.28 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.25 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, February 2nd.

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.