iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is Ted Buchan & Co’s 3rd Largest Position

Ted Buchan & Co raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 137,560 shares of the company’s stock after buying an additional 513 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 5.4% of Ted Buchan & Co’s investment portfolio, making the stock its 3rd biggest position. Ted Buchan & Co’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $11,380,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of SHY. OVERSEA CHINESE BANKING Corp Ltd raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8,173.0% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,563,762 shares of the company’s stock valued at $129,370,000 after acquiring an additional 1,544,860 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 71.1% during the fourth quarter. Ameriprise Financial Inc. now owns 3,552,711 shares of the company’s stock valued at $291,175,000 after acquiring an additional 1,475,824 shares in the last quarter. Bank of America Corp DE raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.4% during the fourth quarter. Bank of America Corp DE now owns 15,282,874 shares of the company’s stock valued at $1,252,890,000 after acquiring an additional 1,308,640 shares in the last quarter. Advisors Preferred LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 460.7% during the first quarter. Advisors Preferred LLC now owns 1,240,581 shares of the company’s stock valued at $102,323,000 after acquiring an additional 1,019,314 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.1% during the fourth quarter. Captrust Financial Advisors now owns 9,232,624 shares of the company’s stock valued at $756,890,000 after acquiring an additional 766,782 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.79 on Thursday. The company has a 50 day moving average price of $82.53 and a 200-day moving average price of $82.48. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.30. The company has a market capitalization of $23.41 billion, a PE ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Friday, August 1st were paid a dividend of $0.2698 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, August 1st.

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.