iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Towercrest Capital Management

Towercrest Capital Management trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,479 shares of the company’s stock after selling 705 shares during the period. Towercrest Capital Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,620,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Alesco Advisors LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.1% during the 3rd quarter. Alesco Advisors LLC now owns 8,110 shares of the company’s stock worth $674,000 after buying an additional 390 shares during the last quarter. Great Valley Advisor Group Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 7.1% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 24,053 shares of the company’s stock worth $2,000,000 after buying an additional 1,593 shares during the last quarter. Camden National Bank increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 10.2% during the 3rd quarter. Camden National Bank now owns 109,229 shares of the company’s stock worth $9,082,000 after buying an additional 10,070 shares during the last quarter. Nwam LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $1,999,000. Finally, Meridian Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $2,155,000. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

Shares of NASDAQ SHY opened at $82.01 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The company has a market cap of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock has a fifty day moving average price of $82.51 and a 200 day moving average price of $82.17.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.2831 dividend. This is an increase 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%. The ex-dividend date of this dividend was Friday, November 1st.

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.