The Manufacturers Life Insurance Company Decreases Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

The Manufacturers Life Insurance Company lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 51.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,090,879 shares of the company’s stock after selling 1,149,833 shares during the period. The Manufacturers Life Insurance Company owned 0.36% of iShares 1-3 Year Treasury Bond ETF worth $90,074,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. NewEdge Advisors LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock valued at $10,916,000 after acquiring an additional 916 shares during the last quarter. Squarepoint Ops LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 103.3% during the second quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after purchasing an additional 7,731 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $70,000. NCM Capital Management LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 6.7% in the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock valued at $793,000 after purchasing an additional 603 shares in the last quarter. Finally, Ausdal Financial Partners Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 2.9% in the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after purchasing an additional 919 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.99 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.76 and a 52 week high of $83.20. The firm’s 50 day moving average is $82.00 and its two-hundred day moving average is $82.40. The firm has a market capitalization of $25.45 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.2383 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.