Apollon Wealth Management LLC Lowers Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Apollon Wealth Management LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 27,948 shares of the company’s stock after selling 1,878 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,324,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in SHY. Cerity Partners OCIO LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at about $129,075,000. SG Americas Securities LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1,533.3% in the second quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock valued at $42,633,000 after purchasing an additional 490,171 shares during the last quarter. LPL Financial LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 8.4% in the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock valued at $446,254,000 after purchasing an additional 422,978 shares during the last quarter. Captrust Financial Advisors raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% during the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after buying an additional 379,718 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 75.5% in the 2nd quarter. Renaissance Technologies LLC now owns 847,878 shares of the company’s stock worth $69,229,000 after buying an additional 364,878 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ SHY opened at $82.05 on Thursday. The company’s 50-day moving average price is $82.66 and its 200 day moving average price is $82.13. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The stock has a market cap of $22.16 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.2831 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 annualized dividend and a dividend yield of 4.14%.

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.