NBC Securities Inc. Sells 721 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

NBC Securities Inc. trimmed its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,045 shares of the company’s stock after selling 721 shares during the period. NBC Securities Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $739,000 at the end of the most recent quarter.

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

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

SHY opened at $81.64 on Thursday. The firm has a market cap of $24.52 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.39. The stock has a fifty day moving average price of $81.33 and a 200-day moving average price of $81.63.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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

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.