Mizuho Markets Americas LLC Sells 1,683,067 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Mizuho Markets Americas LLC lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 98.5% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,888 shares of the company’s stock after selling 1,683,067 shares during the quarter. Mizuho Markets Americas LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,138,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. MCF Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $25,000. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after acquiring an additional 249 shares in the last quarter. Lodestone Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $29,000. Valley National Advisers Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $33,000. Finally, Merkkuri Wealth Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $38,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $81.77 on Friday. The stock has a fifty day moving average of $82.01 and a 200-day moving average of $82.43. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.76 and a fifty-two week high of $83.20. The stock has a market cap of $25.43 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.2383 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 3.5%.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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