Martin Capital Partners LLC Boosts Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Martin Capital Partners LLC lifted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 69.2% in the second quarter, Holdings Channel.com reports. The firm owned 51,441 shares of the company’s stock after purchasing an additional 21,047 shares during the quarter. Martin Capital Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,262,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.5% in the 1st quarter. LPL Financial LLC now owns 6,855,478 shares of the company’s stock worth $567,154,000 after purchasing an additional 417,922 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.8% in the 1st quarter. Raymond James Financial Inc. now owns 5,068,597 shares of the company’s stock worth $419,325,000 after purchasing an additional 323,185 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 13.8% in the 1st quarter. Ameriprise Financial Inc. now owns 4,043,180 shares of the company’s stock worth $334,519,000 after purchasing an additional 490,469 shares in the last quarter. Truist Financial Corp boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 10.5% in the 1st quarter. Truist Financial Corp now owns 3,032,043 shares of the company’s stock worth $250,841,000 after purchasing an additional 288,507 shares in the last quarter. Finally, Cerity Partners LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.1% in the 1st quarter. Cerity Partners LLC now owns 2,471,323 shares of the company’s stock worth $204,452,000 after purchasing an additional 73,803 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.93 on Monday. The stock has a market capitalization of $23.45 billion, a PE ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.67 and a 1-year high of $83.30. The business has a 50-day moving average of $82.68 and a 200 day moving average of $82.59.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.2584 per share. The ex-dividend date was Tuesday, September 2nd. This represents a c) annualized dividend and a yield of 3.7%.

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.