iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Plans Dividend of $0.24

iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYGet Free Report) announced a dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.244 per share on Friday, September 4th. The ex-dividend date is Tuesday, September 1st.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.4%

Shares of NASDAQ SHY traded down $0.30 during midday trading on Tuesday, reaching $81.59. 9,450,789 shares of the company were exchanged, compared to its average volume of 4,202,206. The stock’s 50-day moving average price is $81.95 and its 200-day moving average price is $82.26. The stock has a market cap of $24.99 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.59 and a one year high of $83.20.

Hedge Funds Weigh In On iShares 1-3 Year Treasury Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SHY. MCF Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $25,000. Whittier Trust Co. of Nevada Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 345.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after buying an additional 249 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at approximately $30,000. Merkkuri Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $38,000. Finally, Beacon Financial Strategies CORP acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $38,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

About iShares 1-3 Year Treasury Bond ETF

(Get Free Report)

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.

See Also

Dividend History for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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