First Heartland Consultants Inc. Reduces Stake in iShares 1-3 Year Treasury Bond ETF $SHY

First Heartland Consultants Inc. lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 72.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,581 shares of the company’s stock after selling 54,384 shares during the quarter. First Heartland Consultants Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,707,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Captrust Financial Advisors increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.9% in the second quarter. Captrust Financial Advisors now owns 10,742,829 shares of the company’s stock worth $890,151,000 after acquiring an additional 502,122 shares during the period. Assetmark Inc. boosted its holdings 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 valued at $588,142,000 after purchasing an additional 3,917,307 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 4.2% in the third quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock valued at $556,134,000 after purchasing an additional 272,758 shares during the last quarter. Mizuho Markets Americas LLC grew its position in 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 purchasing an additional 2,414,144 shares during the period. Finally, Ameriprise Financial Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 4,424,160 shares of the company’s stock valued at $373,082,000 after buying an additional 380,980 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of SHY stock opened at $83.06 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $82.21 and a 52-week high of $83.14. The stock has a market cap of $24.28 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business has a 50-day simple moving average of $82.87 and a 200-day simple moving average of $82.88.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.