Victory Capital Management Inc. Sells 370 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Victory Capital Management Inc. lessened its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.1% in the third quarter, HoldingsChannel reports. The fund owned 517,731 shares of the company’s stock after selling 370 shares during the period. Victory Capital Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $43,049,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in SHY. WestEnd Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $30,000. Financial Connections Group Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $31,000. Global Trust Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $68,000. Rational Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $67,000. Finally, Creative Financial Designs Inc. ADV boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after buying an additional 167 shares during the period. Institutional investors own 23.62% of the company’s stock.

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

Shares of SHY stock opened at $82.02 on Friday. The stock has a 50 day simple moving average of $82.63 and a 200 day simple moving average of $82.13. 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 cap of $22.15 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 announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2831 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 annualized dividend and a yield of 4.14%.

iShares 1-3 Year Treasury Bond ETF 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.