iShares 1-3 Year Treasury Bond ETF $SHY Shares Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC increased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 261,185 shares of the company’s stock after purchasing an additional 17,032 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $21,446,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock valued at $10,916,000 after acquiring an additional 916 shares in the last quarter. Squarepoint Ops LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% during the second quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after acquiring an additional 7,731 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $70,000. NCM Capital Management LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% in the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after acquiring an additional 603 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.9% in the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after purchasing an additional 919 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $81.90 on Thursday. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.75 and a one year high of $83.20. The stock has a 50-day moving average price of $81.97 and a 200 day moving average price of $82.37. The company has a market capitalization of $25.09 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd will be given a $0.2508 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Monday, August 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.