iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Holdings Reduced by Kingfisher Capital LLC

Kingfisher Capital LLC lowered its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,445 shares of the company’s stock after selling 509 shares during the period. Kingfisher Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $536,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SHY. Guidance Capital Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 11.8% during the second quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock valued at $280,000 after purchasing an additional 359 shares during the last quarter. Gradient Investments LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1,316.2% in the second quarter. Gradient Investments LLC now owns 963 shares of the company’s stock worth $79,000 after acquiring an additional 895 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 13.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock valued at $4,490,000 after purchasing an additional 6,493 shares during the last quarter. School Employees Retirement Board of Ohio purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $10,123,000. Finally, Burke & Herbert Bank & Trust Co. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $1,459,000. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

iShares 1-3 Year Treasury Bond ETF stock opened at $82.22 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The firm’s fifty day simple moving average is $82.44 and its 200-day simple moving average is $82.19. The company has a market capitalization of $22.21 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.2831 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.13%.

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.