During August, a large increase in the total number of short positions held in the iShares 1-3 Year Treasury Bond ETF (NASDAQ: SHY) was seen. The number of shares borrowed on August 31 was 12,380,000, which is a 24.4% increase from the previous day’s total of 9,950,000 shares borrowed. The number of days needed to cover an area is now 1.9 days. This figure is derived from the fact that there is an average trading volume of 6,480,400 shares daily.
In addition, the business only just announced a monthly dividend payment, which took place on September 8. On Friday, September 2, stockholders who were “recorded” for dividend payments received a payment of $0.10 per share. This is an increase over the prior monthly dividend payment of $0.09 made by the iShares 1-3 Year Treasury Bond ETF. Therefore, we can say that this constitutes an increase. After the cutoff date of September 1, this dividend started being distributed to shareholders.
This results in a dividend payout of $1.20 each year and a yield of 1.47% on the investment. On Friday, NASDAQ: SH opened for trading for $81.67. During the same period, the iShares 1-3 Year Treasury Bond ETF hit an all-time high of $86.24 and a one-year low of $81.59. Both of these prices are presented in dollar amounts. The current values of the moving averages for the company for the past 50 days and the last 200 days are $82.47 and $82.94, respectively. In the most recent few months, several hedge funds have altered the percentage of the company’s shares they own by increasing or decreasing it. During the second quarter, JPMorgan Chase & Co. saw an 11.5% rise in the proportion of its holdings allocated to the exchange-traded fund known as the iShares 1-3 Year Treasury Bond ETF. After making additional purchases totaling 1,559,146 shares during the most recent fiscal quarter, JPMorgan Chase & Co. now has 15,155,544 shares in its possession. These shares have a value similar to $1,254,727,000 as a whole.
Assetmark Inc. boosted its holdings in the iShares 1-3 Year Treasury Bond ETF by a proportion equivalent to 12.1% during the second quarter of the current fiscal year. Following the acquisition of 1,609,698 shares during the most recent quarter, Assetmark Inc. now directly owns a total of 14,878,917 shares of the company’s stock, which has a value of $1,231,826,000. Envestnet Asset Management Inc. boosted its holdings in the iShares 1-3 Year Treasury Bond ETF by 49.5% throughout the second quarter of 2018. After making additional purchases totaling 2,862,384 during the most recent fiscal quarter, Envestnet Asset Management Inc. is now the owner of 8,647,923 shares of the company’s stock. The total value of the company’s shares on the market at the moment is $715,962,000. UBS Group AG’s holdings in the iShares 1-3 Year Treasury Bond ETF climbed by 26.9% during the second quarter of the fiscal year. Following the acquisition of an additional 1,349,542 shares of the company’s stock during the most recent fiscal quarter, UBS Group AG now holds 6,371,892 shares. A total value of $527,528,000 is attached to the shares of stock in the company that UBS Group AG holds.
Last but not least, during the second quarter, Captrust Financial Advisors increased the percentage of the iShares 1-3 Year Treasury Bond ETF that is owned by 43.1%. This certainly should not be considered the least important item. Captrust Financial Advisors now owns 5,801,041 shares of the company’s stock, worth $480,268,000, after buying an additional 1,748,046 shares in the previous quarter.
This immediate news alert was produced by combining the technologies of narrative science with the financial data from Bloomberg to provide readers with the most current and accurate information that is currently accessible. The editorial team at this publication reviewed this article in its entirety before Bloomberg decided to publish it on their website. Please email the following address if you have any questions or comments regarding this item: contact@Bloomberg.com. Before you invest in the iShares 1-3 Year Treasury Bond ETF, you must know the above information.