15,806 Shares of iShares 1-3 Year Treasury Bond ETF $SHY Bought by Canandaigua National Trust Co of Florida

Canandaigua National Trust Co of Florida purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,806 shares of the company’s stock, valued at approximately $1,283,000.

Other hedge funds have also recently modified their holdings of the company. MCF Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $25,000. Whittier Trust Co. of Nevada Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 345.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at approximately $30,000. Merkkuri Wealth Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth $38,000. Finally, Beacon Financial Strategies CORP purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth $38,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0%

Shares of SHY traded up $0.03 during trading hours on Wednesday, reaching $81.16. 4,083,448 shares of the company traded hands, compared to its average volume of 4,285,900. The stock has a market capitalization of $26.34 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 $80.95 and a 12-month high of $83.20. The business has a fifty day moving average price of $81.63 and a 200-day moving average price of $81.98.

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 given a dividend of $0.2410 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.89 dividend on an annualized basis and a yield of 3.6%. 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.