1,472,100 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Acquired by Mizuho Markets Cayman LP

Mizuho Markets Cayman LP acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 1,472,100 shares of the company’s stock, valued at approximately $121,919,000. iShares 1-3 Year Treasury Bond ETF accounts for approximately 6.1% of Mizuho Markets Cayman LP’s holdings, making the stock its 6th biggest holding.

Other institutional investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock valued at $10,916,000 after acquiring an additional 916 shares during the last quarter. Squarepoint Ops LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% during the second quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after acquiring an additional 7,731 shares during the last quarter. Darwin Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $70,000. NCM Capital Management LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% during the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock valued at $793,000 after acquiring an additional 603 shares during the last quarter. Finally, Ausdal Financial Partners Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% during the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after acquiring an additional 919 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.12 on Friday. The company has a fifty day moving average price of $82.38 and a 200-day moving average price of $82.69. The company has a market capitalization of $25.15 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $82.00 and a 52-week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a dividend of $0.2428 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.