Integrity Alliance LLC. purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 21,412 shares of the company’s stock, valued at approximately $1,739,000.
Other institutional investors have also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. increased its stake in shares of 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 period. Mather Group LLC. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $28,000. Ashton Thomas Securities LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at $30,000. Valley National Advisers Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $32,000. Finally, Weaver Capital Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $34,000. Institutional investors own 23.15% of the company’s stock.
iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%
Shares of SHY stock opened at $81.50 on Thursday. The firm has a market cap of $27.42 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.95 and a 12 month high of $83.20. The stock has a 50-day moving average price of $81.39 and a 200 day moving average price of $82.10.
iShares 1-3 Year Treasury Bond ETF Increases Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be issued a $0.2544 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. This represents a $3.05 annualized dividend and a yield of 3.7%. The ex-dividend date is 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.
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