iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stock Holdings Lifted by Arvest Investments Inc.

Arvest Investments Inc. raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,284 shares of the company’s stock after purchasing an additional 884 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.0% of Arvest Investments Inc.’s holdings, making the stock its 27th biggest position. Arvest Investments Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,509,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SHY. WestEnd Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $30,000. Financial Connections Group Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $31,000. Global Trust Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $68,000. Rational Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $67,000. Finally, Creative Financial Designs Inc. ADV lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after purchasing an additional 167 shares during the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY traded down $0.06 during trading hours on Friday, hitting $82.07. 3,934,961 shares of the company’s stock were exchanged, compared to its average volume of 4,068,444. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The stock has a market capitalization of $22.17 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The company’s 50-day moving average price is $82.69 and its 200-day moving average price is $82.11.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.2831 per share. This represents a $3.40 annualized dividend and a dividend yield of 4.14%. The ex-dividend date was Friday, November 1st. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.