15,669 Shares of iShares 1-3 Year Treasury Bond ETF $SHY Bought by Strategy Asset Managers LLC

Strategy Asset Managers LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 15,669 shares of the company’s stock, valued at approximately $1,272,000.

A number of other institutional investors have also recently bought and sold shares of the business. Tower View Wealth Management LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 11.4% during the 1st quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock worth $106,000 after purchasing an additional 132 shares in the last quarter. Cahaba Wealth Management Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.5% in the first quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock valued at $2,072,000 after buying an additional 133 shares in the last quarter. TD Waterhouse Canada Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the second quarter. TD Waterhouse Canada Inc. now owns 19,766 shares of the company’s stock valued at $1,618,000 after buying an additional 141 shares in the last quarter. Christensen King & Associates Investment Services Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.5% in the first quarter. Christensen King & Associates Investment Services Inc. now owns 29,080 shares of the company’s stock valued at $2,401,000 after buying an additional 153 shares during the period. Finally, Centaurus Financial Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.8% in the first quarter. Centaurus Financial Inc. now owns 2,604 shares of the company’s stock valued at $215,000 after buying an additional 165 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $81.17 on Thursday. The company has a market capitalization of $26.87 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.95 and a 1 year high of $83.20. The business’s 50 day simple moving average is $81.55 and its 200 day simple moving average is $81.93.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.2410 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.89 annualized dividend and a yield of 3.6%. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440.

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.