iShares 1-3 Year Treasury Bond ETF $SHY Stock: Integrated Advisors Network LLC Boosts Position

Integrated Advisors Network LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 93.3% during the third quarter, HoldingsChannel.com reports. The firm owned 102,382 shares of the company’s stock after buying an additional 49,410 shares during the period. Integrated Advisors Network LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,313,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after buying an additional 249 shares during the last quarter. Mather Group LLC. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth $28,000. Ashton Thomas Securities LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth $30,000. Weaver Capital Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth $34,000. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter valued at $38,000. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $81.30 on Wednesday. The stock has a market capitalization of $27.12 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day moving average price is $81.50 and its 200 day moving average price is $81.90. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.95 and a 12-month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.2410 dividend. This represents a $2.89 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440.

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.