Cadent Capital Advisors LLC Has $323,000 Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Cadent Capital Advisors LLC cut its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 74.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,954 shares of the company’s stock after selling 11,788 shares during the quarter. Cadent Capital Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $323,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SHY. Cornell University acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $35,212,000. The Manufacturers Life Insurance Company grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3,931.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,896,152 shares of the company’s stock valued at $155,560,000 after purchasing an additional 1,849,118 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $119,012,000. Cerity Partners LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 43.6% during the 4th quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock valued at $201,006,000 after purchasing an additional 744,074 shares during the last quarter. Finally, Pathstone Holdings LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $59,218,000. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock traded up $0.03 during midday trading on Friday, hitting $81.64. 2,068,379 shares of the company traded hands, compared to its average volume of 4,079,850. The stock has a market cap of $24.52 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The firm’s fifty day moving average price is $81.35 and its 200-day moving average price is $81.63. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.39.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were issued a dividend of $0.2621 per share. This represents a $3.15 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend was Monday, June 3rd.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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