iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,285,625 shares of the company’s stock after selling 241,584 shares during the period. Bank of New York Mellon Corp owned about 1.52% of iShares 1-3 Year Treasury Bond ETF worth $351,335,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Eagle Asset Management Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 17.0% during the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,938 shares during the last quarter. Pinnacle Financial Partners Inc raised its holdings in iShares 1-3 Year Treasury Bond ETF by 12.1% during the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock worth $17,316,000 after purchasing an additional 22,721 shares in the last quarter. Zhang Financial LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 17.1% during the 4th quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after buying an additional 1,859 shares during the last quarter. Purus Wealth Management LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.6% in the 4th quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock valued at $546,000 after buying an additional 530 shares in the last quarter. Finally, Zacks Investment Management grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.8% in the 3rd quarter. Zacks Investment Management now owns 359,137 shares of the company’s stock valued at $29,862,000 after buying an additional 9,784 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.44 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The firm has a market capitalization of $23.23 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company’s fifty day moving average price is $82.03 and its 200 day moving average price is $82.34.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

About iShares 1-3 Year Treasury Bond ETF

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.