Stapp Wealth Management Pllc Sells 9,320 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Stapp Wealth Management Pllc lowered its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 69.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,057 shares of the company’s stock after selling 9,320 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 0.4% of Stapp Wealth Management Pllc’s investment portfolio, making the stock its 28th largest position. Stapp Wealth Management Pllc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $329,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Captrust Financial Advisors increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% in the fourth quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock worth $1,487,841,000 after purchasing an additional 940,434 shares during the last quarter. Bank of America Corp DE raised its stake in iShares 1-3 Year Treasury Bond ETF by 28.3% in the first quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after purchasing an additional 3,451,890 shares in the last quarter. Bank of New York Mellon Corp lifted its position in iShares 1-3 Year Treasury Bond ETF by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock valued at $471,783,000 after purchasing an additional 165,473 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in iShares 1-3 Year Treasury Bond ETF by 225.0% during the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after purchasing an additional 2,454,485 shares during the last quarter. Finally, Assetmark Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 46.1% during the first quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock valued at $262,216,000 after purchasing an additional 1,002,453 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $81.17 on Thursday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.95 and a one year high of $83.20. The stock has a market cap of $26.87 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm has a 50 day simple moving average of $81.55 and a two-hundred day simple moving average of $81.93.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.2410 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.89 dividend on an annualized basis and a dividend yield of 3.6%. This is a decrease from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440.

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.