iShares 1-3 Year Treasury Bond ETF $SHY Stock Acquired by Prairie Advisory LLC

Prairie Advisory LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 297.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,192 shares of the company’s stock after purchasing an additional 12,865 shares during the period. Prairie Advisory LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,396,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% in the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock worth $1,292,182,000 after purchasing an additional 3,451,890 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock valued at $471,783,000 after buying an additional 165,473 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 225.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after buying an additional 2,454,485 shares in the last quarter. Assetmark Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 46.1% in the 1st quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock worth $262,216,000 after buying an additional 1,002,453 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 18.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,428,740 shares of the company’s stock worth $200,541,000 after buying an additional 372,529 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY traded down $0.06 during midday trading on Monday, hitting $81.31. The stock had a trading volume of 1,358,359 shares, compared to its average volume of 4,257,450. The company has a market cap of $26.94 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business has a fifty day moving average of $81.52 and a 200 day moving average of $81.92. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.95 and a 1 year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.2410 per share. This represents a $2.89 annualized dividend and a dividend yield of 3.6%. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date of this dividend was Thursday, October 1st.

iShares 1-3 Year Treasury Bond ETF 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.