UMB Bank n.a. Grows Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

UMB Bank n.a. lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,340 shares of the company’s stock after buying an additional 6,929 shares during the period. UMB Bank n.a.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,881,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. School Employees Retirement Board of Ohio purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $10,123,000. Eagle Asset Management Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% during the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,938 shares during the last quarter. Alternative Investment Advisors LLC. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $350,000. Park Avenue Securities LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 30.4% in the third quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock valued at $7,261,000 after purchasing an additional 20,384 shares during the last quarter. Finally, Bridge Advisory LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 19.2% during the 3rd quarter. Bridge Advisory LLC now owns 10,998 shares of the company’s stock valued at $914,000 after purchasing an additional 1,774 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

Shares of SHY opened at $82.08 on Tuesday. The firm has a market cap of $22.74 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business’s 50 day moving average is $82.01 and its two-hundred day moving average is $82.33. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.2804 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 annualized dividend and a yield of 4.10%.

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.