Transcend Capital Advisors LLC Decreases Position in iShares 1-3 Year Treasury Bond ETF $SHY
by Teresa Graham · The Cerbat GemTranscend Capital Advisors LLC cut its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 28.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,600 shares of the company’s stock after selling 8,184 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,706,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently made changes to their positions in SHY. Captrust Financial Advisors grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% in the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after acquiring an additional 6,281,496 shares during the period. Mizuho Markets Americas LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% in the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after acquiring an additional 2,414,144 shares during the period. Proficio Capital Partners LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1,164.2% in the third quarter. Proficio Capital Partners LLC now owns 1,040,956 shares of the company’s stock worth $86,358,000 after acquiring an additional 958,615 shares during the period. Barclays PLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 102.6% in the third quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock worth $124,950,000 after acquiring an additional 762,773 shares during the period. Finally, Tower Research Capital LLC TRC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 23,228.3% in the third quarter. Tower Research Capital LLC TRC now owns 562,446 shares of the company’s stock worth $46,661,000 after acquiring an additional 560,035 shares during the period. 23.15% of the stock is currently owned by institutional investors.
iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%
Shares of SHY stock opened at $82.53 on Wednesday. The company has a 50 day moving average price of $82.68 and a 200-day moving average price of $82.81. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.21 and a 52 week high of $83.20. The firm has a market capitalization of $25.49 billion, a PE ratio of 3,747.73 and a beta of 0.05.
iShares 1-3 Year Treasury Bond ETF Increases Dividend
The business also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a $0.2469 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Wednesday, April 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.
See Also
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