Ascentis Independent Advisors Buys 17,438 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Ascentis Independent Advisors raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 72.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 41,639 shares of the company’s stock after buying an additional 17,438 shares during the quarter. Ascentis Independent Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,438,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% in the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock valued at $10,916,000 after acquiring an additional 916 shares in the last quarter. Squarepoint Ops LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% in the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after purchasing an additional 7,731 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth $70,000. NCM Capital Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 6.7% during the 2nd quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after buying an additional 603 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 2.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock worth $2,712,000 after buying an additional 919 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $81.94 on Monday. The business’s 50-day moving average is $82.13 and its 200 day moving average is $82.52. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.83 and a 1 year high of $83.20. The firm has a market capitalization of $25.36 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be issued a $0.2383 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

About iShares 1-3 Year Treasury Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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