Jane Street Group LLC Has $34.49 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Jane Street Group LLC lowered its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Get Rating) by 68.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 424,663 shares of the company’s stock after selling 938,904 shares during the quarter. Jane Street Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $34,487,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SHY. Kingsview Wealth Management LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 134.4% during the 3rd quarter. Kingsview Wealth Management LLC now owns 169,060 shares of the company’s stock worth $13,729,000 after acquiring an additional 96,934 shares during the period. Verus Capital Partners LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 173.8% in the 3rd quarter. Verus Capital Partners LLC now owns 23,438 shares of the company’s stock valued at $1,903,000 after purchasing an additional 14,877 shares during the period. Wealthsource Partners LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 61.8% in the 3rd quarter. Wealthsource Partners LLC now owns 47,365 shares of the company’s stock valued at $3,847,000 after purchasing an additional 18,087 shares during the period. Nvwm LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 33.0% in the 3rd quarter. Nvwm LLC now owns 33,695 shares of the company’s stock valued at $2,736,000 after purchasing an additional 8,369 shares during the period. Finally, Sowell Financial Services LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $7,313,000. Institutional investors and hedge funds own 22.85% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.4 %

Shares of NASDAQ SHY opened at $81.71 on Wednesday. The business has a fifty day moving average price of $81.35 and a two-hundred day moving average price of $81.32. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.48 and a fifty-two week high of $84.09.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, March 7th. Shareholders of record on Thursday, March 2nd were issued a $0.162 dividend. The ex-dividend date was Wednesday, March 1st. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.15. This represents a $1.94 annualized dividend and a yield of 2.38%.

About iShares 1-3 Year Treasury Bond ETF

(Get Rating)

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.