iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Reaches New 12-Month Low – Here’s What Happened

iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) reached a new 52-week low during trading on Tuesday . The stock traded as low as $81.62 and last traded at $81.62, with a volume of 14050 shares traded. The stock had previously closed at $81.89.

iShares 1-3 Year Treasury Bond ETF Stock Performance

The firm has a market cap of $25.00 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock has a 50-day simple moving average of $81.95 and a two-hundred day simple moving average of $82.26.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.2508 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date was Monday, August 3rd.

Institutional Trading of iShares 1-3 Year Treasury Bond ETF

Several large investors have recently modified their holdings of SHY. Principia Wealth Advisory LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1,280.6% during the second quarter. Principia Wealth Advisory LLC now owns 2,347 shares of the company’s stock valued at $193,000 after purchasing an additional 2,177 shares during the period. DMC Group LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 18.6% in the 2nd quarter. DMC Group LLC now owns 8,080 shares of the company’s stock worth $663,000 after purchasing an additional 1,266 shares during the period. Ameritas Advisory Services LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 38.2% in the second quarter. Ameritas Advisory Services LLC now owns 53,806 shares of the company’s stock worth $4,418,000 after buying an additional 14,861 shares in the last quarter. Midwest Heritage Bank FSB boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.9% during the second quarter. Midwest Heritage Bank FSB now owns 104,873 shares of the company’s stock worth $8,611,000 after acquiring an additional 3,918 shares during the last quarter. Finally, HB Wealth Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 4.9% in the 2nd quarter. HB Wealth Management LLC now owns 26,303 shares of the company’s stock valued at $2,160,000 after acquiring an additional 1,222 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

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.