MBA Advisors LLC Boosts Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

MBA Advisors LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 138,014 shares of the company’s stock after purchasing an additional 13,882 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 3.7% of MBA Advisors LLC’s holdings, making the stock its 8th largest holding. MBA Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $11,332,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Captrust Financial Advisors lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.5% in the 4th quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock worth $1,487,841,000 after buying an additional 940,434 shares during the period. Bank of America Corp DE increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% during 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 buying an additional 3,451,890 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.6% during the fourth quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock valued at $878,695,000 after buying an additional 467,629 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of 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 acquiring an additional 165,473 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after acquiring an additional 4,206,546 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

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

Shares of SHY stock opened at $81.64 on Thursday. The firm has a market capitalization of $25.01 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The stock has a fifty day moving average of $81.94 and a 200 day moving average of $82.24. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.59 and a 52 week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be issued a $0.244 dividend. The ex-dividend date is Tuesday, September 1st. This represents a c) annualized dividend and a yield of 3.6%.

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.