iShares 1-3 Year Treasury Bond ETF $SHY is Quent Capital LLC’s 5th Largest Position

Quent Capital LLC lessened its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.8% in the second quarter, HoldingsChannel.com reports. The firm owned 499,965 shares of the company’s stock after selling 30,725 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 4.0% of Quent Capital LLC’s holdings, making the stock its 5th largest holding. Quent Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $41,427,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in SHY. Godsey & Gibb Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 125 shares during the period. WestEnd Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $35,000. CENTRAL TRUST Co boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 575.4% during the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock valued at $36,000 after purchasing an additional 374 shares during the period. Finally, WFA Asset Management Corp purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $38,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.79 on Friday. The firm has a market cap of $23.97 billion, a PE ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.12. The business has a 50 day moving average price of $82.80 and a 200-day moving average price of $82.63.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be paid a $0.2563 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

iShares 1-3 Year Treasury Bond ETF 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.