StoneX Group Inc. Increases Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

StoneX Group Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,119 shares of the company’s stock after buying an additional 2,346 shares during the period. StoneX Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,172,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Cerity Partners OCIO LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $129,075,000. LPL Financial LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after purchasing an additional 1,193,337 shares during the period. Mizuho Markets Americas LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $44,917,000. SG Americas Securities LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 1,533.3% during the 2nd quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock worth $42,633,000 after buying an additional 490,171 shares during the period. Finally, Captrust Financial Advisors lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 8.7% during the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after buying an additional 379,718 shares in the last quarter. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0 %

Shares of SHY stock opened at $82.01 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The firm has a 50 day moving average of $82.51 and a two-hundred day moving average of $82.17. The stock has a market capitalization of $22.15 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.2831 per share. This represents a $3.40 annualized dividend and a yield of 4.14%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Friday, November 1st.

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.