iShares 1-3 Year Treasury Bond ETF $SHY Stake Lessened by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC lessened its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 175,023 shares of the company’s stock after selling 32,485 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $14,212,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% during the first quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after acquiring an additional 3,451,890 shares in the last quarter. Bank of New York Mellon Corp raised its stake 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 worth $471,783,000 after purchasing an additional 165,473 shares in the last quarter. RPOA Advisors Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $301,889,000. The Manufacturers Life Insurance Company boosted its position in iShares 1-3 Year Treasury Bond ETF by 225.0% during the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock worth $291,110,000 after purchasing an additional 2,454,485 shares during the period. Finally, Assetmark Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 46.1% during 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 period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

Shares of NASDAQ SHY opened at $81.63 on Friday. The stock has a market cap of $27.53 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The stock’s 50-day moving average is $81.38 and its 200 day moving average is $82.08. 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 Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a $0.2544 dividend. The ex-dividend date of this dividend was Monday, November 2nd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. This represents a $3.05 dividend on an annualized basis and a dividend yield of 3.7%.

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.