TIAA Trust National Association Has $10.63 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

TIAA Trust National Association cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 129,696 shares of the company’s stock after selling 12,328 shares during the quarter. TIAA Trust National Association’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,632,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of SHY. Captrust Financial Advisors raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% in the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after acquiring an additional 3,563,486 shares in the last quarter. Proficio Capital Partners LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after purchasing an additional 8,173,293 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $389,029,000. Assetmark Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 94.0% during the 4th quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock worth $334,149,000 after buying an additional 1,975,432 shares in the last quarter. Finally, Barclays PLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 68.7% in the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after purchasing an additional 1,123,670 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

SHY opened at $82.50 on Wednesday. The company has a market cap of $23.25 billion, a P/E ratio of 3,745.00 and a beta of 0.01. The company has a fifty day moving average price of $82.25 and a two-hundred day moving average price of $82.31. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.