iShares 1-3 Year Treasury Bond ETF $SHY is Global Trust Asset Management LLC’s Largest Position

Global Trust Asset Management LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 202,776 shares of the company’s stock after purchasing an additional 18,504 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 6.4% of Global Trust Asset Management LLC’s investment portfolio, making the stock its biggest holding. Global Trust Asset Management LLC owned 0.07% of iShares 1-3 Year Treasury Bond ETF worth $16,743,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in SHY. MCF Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $25,000. Holos Integrated Wealth LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $29,000. Lodestone Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $29,000. Valley National Advisers Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $33,000. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth about $38,000. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.11 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.86 and a fifty-two week high of $83.20. The stock’s 50-day moving average is $82.17 and its two-hundred day moving average is $82.54. The stock has a market cap of $25.14 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.2429 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 3.5%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

About iShares 1-3 Year Treasury Bond ETF

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.