Wealthfront Advisers LLC Has $66.84 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Wealthfront Advisers LLC lessened its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 805,718 shares of the company’s stock after selling 72,926 shares during the period. Wealthfront Advisers LLC owned about 0.28% of iShares 1-3 Year Treasury Bond ETF worth $66,842,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Assetmark Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 123.2% during the 2nd quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock worth $588,142,000 after purchasing an additional 3,917,307 shares in the last quarter. Bank of New York Mellon Corp grew its stake in iShares 1-3 Year Treasury Bond ETF by 74.0% during the second quarter. Bank of New York Mellon Corp now owns 6,430,879 shares of the company’s stock worth $532,863,000 after buying an additional 2,734,684 shares in the last quarter. Laurel Wealth Advisors LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 8,100.4% during the second quarter. Laurel Wealth Advisors LLC now owns 2,519,904 shares of the company’s stock worth $208,799,000 after buying an additional 2,489,175 shares in the last quarter. Mizuho Markets Americas LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 93.4% in the 3rd quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock valued at $414,820,000 after buying an additional 2,414,144 shares during the period. Finally, Captrust Financial Advisors raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.9% in the 2nd quarter. Captrust Financial Advisors now owns 10,742,829 shares of the company’s stock valued at $890,151,000 after buying an additional 502,122 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

NASDAQ SHY opened at $82.88 on Tuesday. The firm’s 50 day simple moving average is $82.83 and its 200 day simple moving average is $82.85. The firm has a market capitalization of $24.23 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.87 and a 1 year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.