Mizuho Markets Americas LLC Makes New $44.92 Million Investment in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Mizuho Markets Americas LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 540,187 shares of the company’s stock, valued at approximately $44,917,000. iShares 1-3 Year Treasury Bond ETF accounts for 0.9% of Mizuho Markets Americas LLC’s portfolio, making the stock its 25th largest holding. Mizuho Markets Americas LLC owned 0.20% of iShares 1-3 Year Treasury Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. WestEnd Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $30,000. Financial Connections Group Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $31,000. Global Trust Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at approximately $68,000. Rational Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $67,000. Finally, Creative Financial Designs Inc. ADV grew its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after buying an additional 167 shares in the last quarter. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.02 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The company has a 50 day simple moving average of $82.61 and a two-hundred day simple moving average of $82.13. The firm has a market cap of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.2831 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.14%.

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.