iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is Smithfield Trust Co’s 4th Largest Position

Smithfield Trust Co decreased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,012,332 shares of the company’s stock after selling 21,651 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up 4.1% of Smithfield Trust Co’s holdings, making the stock its 4th largest position. Smithfield Trust Co’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $84,169,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SHY. Cerity Partners OCIO LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $129,075,000. LPL Financial LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after acquiring an additional 1,193,337 shares in the last quarter. Mizuho Markets Americas LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at about $44,917,000. SG Americas Securities LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1,533.3% in the 2nd 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 in the last quarter. Finally, Captrust Financial Advisors raised its holdings in iShares 1-3 Year Treasury Bond ETF by 8.7% in the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after purchasing an additional 379,718 shares during the period. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

Shares of SHY stock opened at $82.04 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The business’s 50 day moving average is $82.56 and its two-hundred day moving average is $82.16. The company has a market capitalization of $22.16 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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