Clearbridge Investments LLC Has $691,000 Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Clearbridge Investments LLC reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 37.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,427 shares of the company’s stock after selling 4,990 shares during the quarter. Clearbridge Investments LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $691,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 47.8% in the fourth quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock valued at $946,428,000 after purchasing an additional 3,731,847 shares during the last quarter. Proficio Capital Partners LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after buying an additional 8,173,293 shares during the period. Raymond James Financial Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $389,029,000. Assetmark Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 94.0% in the fourth quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock valued at $334,149,000 after acquiring an additional 1,975,432 shares during the period. Finally, Barclays PLC grew its stake in shares of 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 acquiring an additional 1,123,670 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.73 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The company has a fifty day moving average price of $82.32 and a 200 day moving average price of $82.29. The stock has a market cap of $22.86 billion, a P/E ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, April 1st will be paid a $0.2798 dividend. This represents a $3.36 annualized dividend and a dividend yield of 4.06%. The ex-dividend date is Tuesday, April 1st.

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.