iShares 1-3 Year Treasury Bond ETF $SHY Stake Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 48.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 150,877 shares of the company’s stock after acquiring an additional 49,140 shares during the quarter. Janney Montgomery Scott LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $12,458,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. 1492 Capital Management LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 21.5% in the 1st quarter. 1492 Capital Management LLC now owns 3,063 shares of the company’s stock worth $253,000 after purchasing an additional 543 shares during the last quarter. Semitam Bonam LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 9.6% during the 1st quarter. Semitam Bonam LLC now owns 64,431 shares of the company’s stock valued at $5,320,000 after buying an additional 5,639 shares during the last quarter. Trilogy Capital Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 315.5% in the 1st quarter. Trilogy Capital Inc. now owns 11,011 shares of the company’s stock valued at $909,000 after buying an additional 8,361 shares in the last quarter. Realta Investment Advisors grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% in the 1st quarter. Realta Investment Advisors now owns 24,710 shares of the company’s stock valued at $2,040,000 after buying an additional 599 shares in the last quarter. Finally, Rooted Wealth Advisors Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 20.7% in the first quarter. Rooted Wealth Advisors Inc. now owns 35,814 shares of the company’s stock worth $2,958,000 after buying an additional 6,146 shares during the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $81.84 on Thursday. The firm has a market cap of $25.06 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm’s 50 day moving average price is $82.15 and its 200 day moving average price is $82.53. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.83 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $0.2383 per share. The ex-dividend date is Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.