iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 39.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,023 shares of the company’s stock after purchasing an additional 5,398 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,576,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB lifted its stake in 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 worth $33,000 after purchasing an additional 125 shares in the last quarter. WestEnd Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at $35,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $39,000. Flaharty Asset Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at $40,000. Finally, Garrison Bradford & Associates Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at $41,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ SHY opened at $83.06 on Friday. The stock has a market cap of $24.27 billion, a P/E ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.67 and a 12-month high of $83.14. The business’s fifty day simple moving average is $82.90 and its 200-day simple moving average is $82.67.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.2563 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Wednesday, October 1st.

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.