NBC Securities Inc. Cuts Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

NBC Securities Inc. reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,045 shares of the company’s stock after selling 721 shares during the period. NBC Securities Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $739,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. UBS Group AG grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% in the fourth quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock worth $508,838,000 after acquiring an additional 177,582 shares during the last quarter. Cornell University purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $35,212,000. Pinebridge Investments L.P. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 7.3% during the fourth quarter. Pinebridge Investments L.P. now owns 4,093,000 shares of the company’s stock valued at $335,790,000 after buying an additional 280,000 shares during the last quarter. Raymond James & Associates boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the fourth quarter. Raymond James & Associates now owns 2,792,956 shares of the company’s stock valued at $229,134,000 after buying an additional 67,091 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 43.6% during the fourth quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock valued at $201,006,000 after buying an additional 744,074 shares during the last quarter. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.64 on Thursday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.39. The stock has a market capitalization of $24.52 billion, a PE ratio of 3,695.45 and a beta of 0.01. The business’s fifty day moving average is $81.33 and its 200 day moving average is $81.63.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were given a dividend of $0.2621 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $3.15 annualized dividend and a dividend yield of 3.85%.

iShares 1-3 Year Treasury Bond ETF 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.