iShares 1-3 Year Treasury Bond ETF $SHY Stock Holdings Reduced by Innova Wealth Partners

Innova Wealth Partners reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 25.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 180,750 shares of the company’s stock after selling 61,841 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 8.1% of Innova Wealth Partners’ holdings, making the stock its largest position. Innova Wealth Partners owned approximately 0.06% of iShares 1-3 Year Treasury Bond ETF worth $14,995,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in SHY. Captrust Financial Advisors increased its holdings in 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 buying an additional 6,281,496 shares during the last quarter. Bank of America Corp DE grew its position in iShares 1-3 Year Treasury Bond ETF by 1.1% in the third quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after acquiring an additional 133,178 shares in the last quarter. Bank of New York Mellon Corp grew its position in iShares 1-3 Year Treasury Bond ETF by 4.2% in the third quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock worth $556,134,000 after acquiring an additional 272,758 shares in the last quarter. Mizuho Markets Americas LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% during the 3rd quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock valued at $414,820,000 after purchasing an additional 2,414,144 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock valued at $388,325,000 after purchasing an additional 257,934 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.52 on Thursday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.21 and a fifty-two week high of $83.20. The stock’s 50-day moving average is $82.84 and its two-hundred day moving average is $82.88. The firm has a market cap of $24.12 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 company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.223 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Monday, March 2nd.

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.