Keybank National Association OH Purchases 477,559 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Keybank National Association OH acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 477,559 shares of the company’s stock, valued at approximately $38,778,000.

Other institutional investors have also added to or reduced their stakes in the company. Apella Capital LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 327.6% during the 3rd quarter. Apella Capital LLC now owns 152,694 shares of the company’s stock valued at $12,393,000 after buying an additional 116,984 shares in the last quarter. Baird Financial Group Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% in the 2nd quarter. Baird Financial Group Inc. now owns 303,706 shares of the company’s stock worth $24,937,000 after buying an additional 15,954 shares during the period. Financial Management Professionals Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $1,140,000. Silicon Valley Capital Partners increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 12.5% in the 2nd quarter. Silicon Valley Capital Partners now owns 576,059 shares of the company’s stock worth $47,300,000 after acquiring an additional 64,060 shares in the last quarter. Finally, Israel Discount Bank of New York increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 112.1% in the 3rd quarter. Israel Discount Bank of New York now owns 53,155 shares of the company’s stock worth $4,316,000 after acquiring an additional 28,088 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $81.31 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.95 and a 1 year high of $83.20. The stock has a market cap of $27.44 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm has a 50-day moving average of $81.35 and a 200 day moving average of $82.06.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.2544 dividend. This represents a $3.05 dividend on an annualized basis and a yield of 3.8%. 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.

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.