TFB Advisors LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 28.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 28,711 shares of the company’s stock after purchasing an additional 6,404 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 0.9% of TFB Advisors LLC’s holdings, making the stock its 26th biggest holding. TFB Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,331,000 as of its most recent filing with the SEC.
Other large investors have also recently modified their holdings of the company. Whittier Trust Co. of Nevada Inc. lifted its position 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 buying an additional 249 shares during the last quarter. Mather Group LLC. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $28,000. Ashton Thomas Securities LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth $30,000. Valley National Advisers Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $32,000. Finally, Weaver Capital Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $34,000. Institutional investors own 23.15% of the company’s stock.
iShares 1-3 Year Treasury Bond ETF Stock Up 0.2%
SHY stock opened at $81.66 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.95 and a twelve month high of $83.20. The stock has a market capitalization of $27.47 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day simple moving average is $81.38 and its two-hundred day simple moving average is $82.09.
iShares 1-3 Year Treasury Bond ETF Increases Dividend
The company also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a $0.2544 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date was Monday, November 2nd. This represents a $3.05 annualized dividend and a dividend yield of 3.7%.
iShares 1-3 Year Treasury Bond ETF 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.
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