iShares 1-3 Year Treasury Bond ETF $SHY Stock Sold by Fifth Third Bancorp

Fifth Third Bancorp decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 544,445 shares of the company’s stock after selling 30,887 shares during the quarter. Fifth Third Bancorp’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $44,209,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. CVS HEALTH Corp acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $24,360,000. King Luther Capital Management Corp bought a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $1,213,000. Bingham Private Wealth LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 2.3% in the third quarter. Bingham Private Wealth LLC now owns 8,603 shares of the company’s stock valued at $699,000 after acquiring an additional 197 shares during the last quarter. New South Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $741,000. Finally, Ndwm LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 10.0% during the third quarter. Ndwm LLC now owns 20,299 shares of the company’s stock valued at $1,648,000 after purchasing an additional 1,845 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $81.14 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.95 and a one year high of $83.20. The company has a market cap of $27.38 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm has a 50 day simple moving average of $81.34 and a two-hundred day simple moving average of $82.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.2544 dividend. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $3.05 dividend on an annualized basis and a dividend yield of 3.8%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410.

iShares 1-3 Year Treasury Bond ETF Company 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.