International Assets Investment Management LLC Has $947,000 Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

International Assets Investment Management LLC lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,450 shares of the company’s stock after selling 962 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $947,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of SHY. Accredited Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $25,000. Godsey & Gibb Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth about $26,000. Millstone Evans Group LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $32,000. Carolinas Wealth Consulting LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 162.2% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock worth $34,000 after acquiring an additional 253 shares during the period. Finally, CENTRAL TRUST Co grew its stake in iShares 1-3 Year Treasury Bond ETF by 575.4% during the 1st quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock valued at $36,000 after acquiring an additional 374 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.73 on Thursday. The business’s 50-day moving average is $82.53 and its 200-day moving average is $82.33. The company has a market capitalization of $24.30 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.29 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a $0.2718 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date was Monday, June 2nd. This represents a $3.26 dividend on an annualized basis and a yield of 3.94%.

iShares 1-3 Year Treasury Bond ETF Company 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.