iShares 1-3 Year Treasury Bond ETF $SHY Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 16.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 310,015 shares of the company’s stock after buying an additional 44,542 shares during the period. Kestra Advisory Services LLC owned 0.09% of iShares 1-3 Year Treasury Bond ETF worth $25,173,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% in the first quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after acquiring an additional 3,451,890 shares during the period. Bank of New York Mellon Corp grew its stake in iShares 1-3 Year Treasury Bond ETF by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock valued at $471,783,000 after acquiring an additional 165,473 shares in the last quarter. RPOA Advisors Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $301,889,000. The Manufacturers Life Insurance Company increased its holdings in iShares 1-3 Year Treasury Bond ETF by 225.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock worth $291,110,000 after acquiring an additional 2,454,485 shares during the period. Finally, Assetmark Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 46.1% during the 1st quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock worth $262,216,000 after acquiring an additional 1,002,453 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $81.63 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.95 and a 1 year high of $83.20. The stock has a market capitalization of $27.55 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company’s 50 day simple moving average is $81.38 and its two-hundred day simple moving average is $82.08.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.2544 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date was Monday, November 2nd. This represents a $3.05 dividend on an annualized basis and a dividend yield of 3.7%.

iShares 1-3 Year Treasury Bond ETF Company 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.