iShares 1-3 Year Treasury Bond ETF $SHY Stock Holdings Lessened by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. trimmed its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 33.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 178,111 shares of the company’s stock after selling 90,496 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $14,751,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Quent Long Short Global Small Cap Fund LP purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $53,414,000. Cadence Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $5,524,000. First Citizens Bank & Trust Co. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $5,566,000. Fifth Third Bancorp lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% in the third quarter. Fifth Third Bancorp now owns 316,415 shares of the company’s stock worth $26,250,000 after purchasing an additional 6,453 shares in the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 118.9% in the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 84,768 shares of the company’s stock worth $7,023,000 after purchasing an additional 46,040 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.19 on Thursday. The company has a 50 day simple moving average of $82.47 and a 200-day simple moving average of $82.74. The firm has a market capitalization of $25.17 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $82.10 and a 52-week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a dividend of $0.2428 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Friday, May 1st.

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.