AMG National Trust Bank Buys 8,075 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

AMG National Trust Bank increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 67.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 20,028 shares of the company’s stock after purchasing an additional 8,075 shares during the quarter. AMG National Trust Bank’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,654,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. MCF Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $25,000. Whittier Trust Co. of Nevada Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 345.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock worth $26,000 after buying an additional 249 shares in the last quarter. Holos Integrated Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $29,000. Lodestone Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $29,000. Finally, Valley National Advisers Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $33,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.00 on Thursday. The firm’s 50-day simple moving average is $82.05 and its 200-day simple moving average is $82.47. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.79 and a twelve month high of $83.20. The firm has a market cap of $25.67 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 business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.2383 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 3.5%.

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.