Mariner LLC Has $22.51 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Mariner LLC lowered its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 274,518 shares of the company’s stock after selling 17,198 shares during the quarter. Mariner LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $22,505,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SHY. Golden State Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $30,000. Van ECK Associates Corp raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after buying an additional 187 shares in the last quarter. Millstone Evans Group LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $32,000. Roxbury Financial LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $36,000. Finally, Logan Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $37,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.72 on Thursday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The company has a market cap of $23.42 billion, a price-to-earnings ratio of 3,758.18 and a beta of 0.01. The stock has a fifty day moving average price of $82.42 and a 200-day moving average price of $82.26.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.2798 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.36 dividend on an annualized basis and a yield of 4.06%.

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.