iShares 1-3 Year Treasury Bond ETF (SHY) To Go Ex-Dividend on December 19th

iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) declared a monthly dividend on Thursday, December 18th, NASDAQ Dividends reports. Stockholders of record on Friday, December 19th will be given a dividend of 0.2548 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, December 19th.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.3%

NASDAQ:SHY opened at $82.76 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.73 and a 12-month high of $83.14. The stock’s fifty day simple moving average is $82.93 and its 200-day simple moving average is $82.76. The firm has a market capitalization of $23.89 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

Hedge Funds Weigh In On iShares 1-3 Year Treasury Bond ETF

Several institutional investors have recently modified their holdings of SHY. Hantz Financial Services Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $25,000. Key Financial Inc raised its holdings in iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after purchasing an additional 196 shares during the period. Pflug Koory LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 637.8% in the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 287 shares during the period. Delos Wealth Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $29,000. Finally, Howe & Rusling Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after buying an additional 361 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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.