SeaCrest Wealth Management LLC Makes New $2.14 Million Investment in iShares 1-3 Year Treasury Bond ETF $SHY

SeaCrest Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,830 shares of the company’s stock, valued at approximately $2,141,000.

A number of other institutional investors have also recently made changes to their positions in SHY. Captrust Financial Advisors raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% during the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after purchasing an additional 6,281,496 shares during the last quarter. Bank of America Corp DE lifted its position in iShares 1-3 Year Treasury Bond ETF by 1.1% during the third quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock valued at $973,965,000 after purchasing an additional 133,178 shares during the period. Bank of New York Mellon Corp boosted its holdings 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 purchasing an additional 272,758 shares during the last quarter. Mizuho Markets Americas LLC boosted its holdings in 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 purchasing an additional 2,414,144 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in 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 worth $388,325,000 after purchasing an additional 257,934 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

Shares of SHY opened at $82.40 on Thursday. The firm has a market cap of $24.09 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm has a fifty day simple moving average of $82.80 and a two-hundred day simple moving average of $82.86. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $82.21 and a 1-year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.223 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.2%.

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.