Tompkins Financial Corp Buys 1,623 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Tompkins Financial Corp increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.5% during the second quarter, HoldingsChannel reports. The firm owned 18,665 shares of the company’s stock after acquiring an additional 1,623 shares during the period. Tompkins Financial Corp’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,513,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Morgan Stanley raised its holdings in iShares 1-3 Year Treasury Bond ETF by 16.9% during the 4th quarter. Morgan Stanley now owns 20,028,074 shares of the company’s stock valued at $1,625,679,000 after acquiring an additional 2,893,771 shares during the period. Bank of America Corp DE raised its holdings in iShares 1-3 Year Treasury Bond ETF by 20.8% during the 4th quarter. Bank of America Corp DE now owns 18,035,075 shares of the company’s stock valued at $1,463,907,000 after acquiring an additional 3,104,639 shares during the period. JPMorgan Chase & Co. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 1.4% during the 1st quarter. JPMorgan Chase & Co. now owns 15,465,562 shares of the company’s stock valued at $1,270,651,000 after acquiring an additional 209,870 shares during the period. BlackRock Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 20.6% during the 1st quarter. BlackRock Inc. now owns 10,877,633 shares of the company’s stock valued at $893,706,000 after acquiring an additional 1,858,137 shares during the period. Finally, Balentine LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 15.3% during the 1st quarter. Balentine LLC now owns 9,055,519 shares of the company’s stock valued at $744,001,000 after acquiring an additional 1,198,518 shares during the period. Institutional investors own 18.38% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock remained flat at $80.89 during midday trading on Tuesday. 467,856 shares of the company’s stock were exchanged, compared to its average volume of 5,272,552. The firm has a 50 day moving average price of $81.02 and a 200-day moving average price of $81.51. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.48 and a 1-year high of $82.74.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, September 5th were given a dividend of $0.2058 per share. The ex-dividend date of this dividend was Friday, September 1st. This represents a $2.47 dividend on an annualized basis and a dividend yield of 3.05%.

About iShares 1-3 Year Treasury Bond ETF

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.