iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by Nixon Peabody Trust Co.

Nixon Peabody Trust Co. raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 249,579 shares of the company’s stock after purchasing an additional 18,923 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.6% of Nixon Peabody Trust Co.’s holdings, making the stock its 15th biggest holding. Nixon Peabody Trust Co. owned approximately 0.09% of iShares 1-3 Year Treasury Bond ETF worth $20,680,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Hantz Financial Services Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth $25,000. MassMutual Private Wealth & Trust FSB increased its stake in iShares 1-3 Year Treasury Bond ETF by 45.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after acquiring an additional 125 shares during the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $39,000. Flaharty Asset Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth about $40,000. Finally, Garrison Bradford & Associates Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at about $41,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $82.80 on Friday. The stock has a 50-day simple moving average of $82.92 and a 200-day simple moving average of $82.70. The stock has a market capitalization of $23.90 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 $81.67 and a 1 year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were paid a dividend of $0.2627 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date was Monday, November 3rd.

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.