Thrivent Financial for Lutherans Reduces Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Thrivent Financial for Lutherans lessened its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 45,539 shares of the company’s stock after selling 9,335 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,733,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Captrust Financial Advisors raised its stake in iShares 1-3 Year Treasury Bond ETF by 72.7% during the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after acquiring an additional 3,563,486 shares in the last quarter. Proficio Capital Partners LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after purchasing an additional 8,173,293 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $389,029,000. Assetmark Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 94.0% in the 4th quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock valued at $334,149,000 after purchasing an additional 1,975,432 shares during the last quarter. Finally, Barclays PLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% in the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after purchasing an additional 1,123,670 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

NASDAQ:SHY opened at $82.50 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The stock’s 50 day moving average price is $82.25 and its 200 day moving average price is $82.31. The company has a market capitalization of $23.25 billion, a PE ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares 1-3 Year Treasury Bond ETF

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.