SouthState Bank Corp Sells 19,844 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

SouthState Bank Corp reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 402,186 shares of the company’s stock after selling 19,844 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 1.5% of SouthState Bank Corp’s holdings, making the stock its 13th biggest position. SouthState Bank Corp’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $33,309,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. NewEdge Advisors LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 0.7% in the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after acquiring an additional 916 shares during the period. Squarepoint Ops LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% in the second quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after purchasing an additional 7,731 shares in the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $70,000. NCM Capital Management LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% during the 2nd quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock valued at $793,000 after buying an additional 603 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.9% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock worth $2,712,000 after buying an additional 919 shares during the period. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.2%

iShares 1-3 Year Treasury Bond ETF stock opened at $81.86 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.86 and a 1-year high of $83.20. The firm has a market capitalization of $25.07 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm has a 50 day simple moving average of $82.30 and a 200 day simple moving average of $82.65.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.2429 dividend. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 3.6%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.