Stephens Inc. AR Sells 27,834 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Stephens Inc. AR cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 485,202 shares of the company’s stock after selling 27,834 shares during the quarter. Stephens Inc. AR owned about 0.17% of iShares 1-3 Year Treasury Bond ETF worth $40,184,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SHY. AlphaCore Capital LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2,208.6% in the 4th quarter. AlphaCore Capital LLC now owns 7,526 shares of the company’s stock valued at $623,000 after buying an additional 7,200 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% in 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 buying an additional 4,206,546 shares in the last quarter. WHI TRUST Co LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $1,862,000. SkyOak Wealth LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 11.4% during the 4th quarter. SkyOak Wealth LLC now owns 8,386 shares of the company’s stock worth $695,000 after buying an additional 856 shares during the period. Finally, Trevian Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $915,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1%

NASDAQ:SHY opened at $82.06 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $82.06 and a 1 year high of $83.20. The stock has a market cap of $25.13 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The stock has a 50-day moving average price of $82.44 and a two-hundred day moving average price of $82.73.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a $0.2428 dividend. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Friday, May 1st.

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.