Norris Perne & French LLP MI Buys 23,378 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Norris Perne & French LLP MI bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 23,378 shares of the company’s stock, valued at approximately $1,898,000.

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

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.50 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.95 and a 12-month high of $83.20. The firm has a market capitalization of $27.27 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s 50 day simple moving average is $81.47 and its two-hundred day simple moving average is $81.88.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.2410 per share. This represents a $2.89 dividend on an annualized basis and a dividend yield of 3.5%. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date of this dividend was Thursday, October 1st.

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.