iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by TIAA Trust National Association

TIAA Trust National Association increased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 112,010 shares of the company’s stock after buying an additional 10,938 shares during the period. TIAA Trust National Association’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the business. Captrust Financial Advisors increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% in the 3rd quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after acquiring an additional 6,281,496 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% in the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock valued at $973,965,000 after acquiring an additional 133,178 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock valued at $878,695,000 after acquiring an additional 467,629 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after acquiring an additional 4,206,546 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings 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 acquiring an additional 257,934 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.94 on Wednesday. The firm’s fifty day simple moving average is $82.29 and its 200-day simple moving average is $82.63. The stock has a market capitalization of $25.09 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 12 month low of $81.86 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.2429 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.