iShares 1-3 Year Treasury Bond ETF $SHY Stake Lifted by CX Institutional

CX Institutional grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 118.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 894,736 shares of the company’s stock after acquiring an additional 485,882 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 2.1% of CX Institutional’s investment portfolio, making the stock its 3rd biggest position. CX Institutional owned approximately 0.29% of iShares 1-3 Year Treasury Bond ETF worth $73,467,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Quent Long Short Global Small Cap Fund LP purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $53,414,000. Innova Wealth Partners grew its holdings in iShares 1-3 Year Treasury Bond ETF by 134.6% during the 1st quarter. Innova Wealth Partners now owns 318,143 shares of the company’s stock valued at $26,269,000 after buying an additional 182,540 shares in the last quarter. Finer Wealth Management Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $1,685,000. Fifth Third Securities Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 79.5% during the fourth quarter. Fifth Third Securities Inc. now owns 40,864 shares of the company’s stock valued at $3,384,000 after buying an additional 18,099 shares during the period. Finally, Stapp Wealth Management Pllc lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 211.2% in the fourth quarter. Stapp Wealth Management Pllc now owns 13,302 shares of the company’s stock worth $1,102,000 after buying an additional 9,027 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.3%

Shares of NASDAQ:SHY opened at $81.77 on Tuesday. The company has a 50 day moving average of $81.98 and a 200 day moving average of $82.38. The stock has a market cap of $25.12 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.75 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd will be given a dividend of $0.2508 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date is Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.