Keybank National Association OH Purchases 46,468 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Keybank National Association OH boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 409,537 shares of the company’s stock after purchasing an additional 46,468 shares during the quarter. Keybank National Association OH owned about 0.13% of iShares 1-3 Year Treasury Bond ETF worth $33,815,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. TruWealth Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% in the fourth quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock worth $234,000 after purchasing an additional 121 shares during the last quarter. Bryn Mawr Trust Advisors LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after buying an additional 126 shares during the last quarter. Savant Capital LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% during the fourth quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock valued at $737,000 after buying an additional 126 shares during the last quarter. Tower View Wealth Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 11.4% during the first quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock worth $106,000 after buying an additional 132 shares in the last quarter. Finally, Clientfirst Wealth Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 1.2% in the 3rd quarter. Clientfirst Wealth Management LLC now owns 11,689 shares of the company’s stock valued at $970,000 after buying an additional 133 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $81.94 on Friday. The stock has a market cap of $25.31 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock’s fifty day simple moving average is $82.13 and its two-hundred day simple moving average is $82.52. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.83 and a 1-year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be given a dividend of $0.2383 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, July 1st.

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.