NTV Asset Management LLC Makes New Investment in iShares 1-3 Year Treasury Bond ETF $SHY

NTV Asset Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 25,967 shares of the company’s stock, valued at approximately $2,109,000.

Several other institutional investors also recently modified their holdings of the business. RPOA Advisors Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $301,889,000. Bank of America Corp DE lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% during the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after buying an additional 3,451,890 shares during the period. The Manufacturers Life Insurance Company lifted 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 during the period. Edge Wealth Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 286.0% during the 3rd quarter. Edge Wealth Management LLC now owns 1,518,562 shares of the company’s stock valued at $123,284,000 after buying an additional 1,125,105 shares during the period. Finally, Assetmark Inc. boosted its stake in shares of 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. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $81.50 on Friday. The company has a market cap of $27.27 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.95 and a 1 year high of $83.20. The stock’s fifty day moving average price is $81.47 and its 200-day moving average price is $81.88.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company 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. The ex-dividend date was Thursday, October 1st. This represents a $2.89 dividend on an annualized basis and a dividend yield of 3.5%. This is a decrease from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440.

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.