Jacobi Capital Management LLC Sells 150 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Jacobi Capital Management LLC reduced its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 7,356 shares of the company’s stock after selling 150 shares during the quarter. Jacobi Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $602,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Cornell University bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $35,212,000. The Manufacturers Life Insurance Company raised its position in iShares 1-3 Year Treasury Bond ETF by 3,931.4% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,896,152 shares of the company’s stock valued at $155,560,000 after purchasing an additional 1,849,118 shares during the last quarter. International Assets Investment Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $119,012,000. Cerity Partners LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 43.6% in the fourth quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock valued at $201,006,000 after purchasing an additional 744,074 shares during the last quarter. Finally, Members Trust Co raised its position in iShares 1-3 Year Treasury Bond ETF by 96.2% in the first quarter. Members Trust Co now owns 1,493,298 shares of the company’s stock valued at $122,122,000 after purchasing an additional 732,321 shares during the last quarter. 23.62% of the stock is currently owned by institutional investors.

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

iShares 1-3 Year Treasury Bond ETF stock traded up $0.04 during trading hours on Tuesday, hitting $81.97. The stock had a trading volume of 437,203 shares, compared to its average volume of 3,895,584. The stock has a market cap of $24.06 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business’s 50 day simple moving average is $81.55 and its 200-day simple moving average is $81.61. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.62 and a one year high of $82.39.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were paid a $0.2704 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.24 annualized dividend and a dividend yield of 3.96%.

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.