iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Sets New 12-Month Low – Time to Sell?

iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $81.51 and last traded at $81.5150, with a volume of 458303 shares traded. The stock had previously closed at $81.63.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.2%

The company has a market capitalization of $24.96 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm’s 50-day moving average is $81.90 and its 200-day moving average is $82.19.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.244 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

Institutional Trading of iShares 1-3 Year Treasury Bond ETF

A number of hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 0.7% during 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 during the last quarter. Squarepoint Ops LLC lifted its holdings 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 acquiring an additional 7,731 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $70,000. NCM Capital Management LLC grew its holdings in shares of 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 valued at $793,000 after purchasing an additional 603 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of 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 valued at $2,712,000 after purchasing an additional 919 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

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.