Bank of Jackson Hole Trust Raises Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Bank of Jackson Hole Trust boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 14.4% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,985 shares of the company’s stock after acquiring an additional 250 shares during the quarter. Bank of Jackson Hole Trust’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $164,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 593,415.6% during the second quarter. Kingstone Capital Partners Texas LLC now owns 45,617,609 shares of the company’s stock valued at $3,728,910,000 after buying an additional 45,609,923 shares during the period. LPL Financial LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 6.5% during the first quarter. LPL Financial LLC now owns 6,855,478 shares of the company’s stock valued at $567,154,000 after buying an additional 417,922 shares during the period. Raymond James Financial Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 6.8% during the first quarter. Raymond James Financial Inc. now owns 5,068,597 shares of the company’s stock valued at $419,325,000 after buying an additional 323,185 shares during the period. Envestnet Asset Management Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,292,636 shares of the company’s stock valued at $355,624,000 after buying an additional 31,215 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 13.8% during the first quarter. Ameriprise Financial Inc. now owns 4,043,180 shares of the company’s stock valued at $334,519,000 after buying an additional 490,469 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.2%

Shares of SHY stock opened at $82.93 on Thursday. The firm has a market cap of $24.28 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The company’s 50 day moving average is $82.93 and its 200 day moving average is $82.69. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.67 and a 52-week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.2563 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.