Argyle Capital Partners LLC Raises Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Argyle Capital Partners LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 80.9% during the third quarter, HoldingsChannel reports. The fund owned 32,584 shares of the company’s stock after acquiring an additional 14,571 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 1.9% of Argyle Capital Partners LLC’s portfolio, making the stock its 7th biggest holding. Argyle Capital Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,703,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SHY. Banco Bilbao Vizcaya Argentaria S.A. grew its position in iShares 1-3 Year Treasury Bond ETF by 2.0% in the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 38,728 shares of the company’s stock worth $3,195,000 after purchasing an additional 750 shares during the last quarter. Foundations Investment Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 91.6% during the second quarter. Foundations Investment Advisors LLC now owns 331,122 shares of the company’s stock valued at $27,437,000 after buying an additional 158,306 shares during the last quarter. Meridian Wealth Management LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 13.8% in the second quarter. Meridian Wealth Management LLC now owns 16,152 shares of the company’s stock valued at $1,338,000 after buying an additional 1,961 shares during the period. WealthShield Partners LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.0% in the second quarter. WealthShield Partners LLC now owns 17,752 shares of the company’s stock valued at $1,471,000 after buying an additional 182 shares during the period. Finally, SG Americas Securities LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 39.8% during the second quarter. SG Americas Securities LLC now owns 244,125 shares of the company’s stock worth $20,228,000 after buying an additional 69,480 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.55 on Friday. The business has a 50 day moving average price of $82.86 and a two-hundred day moving average price of $82.89. The stock has a market cap of $24.13 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.21 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.223 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Monday, March 2nd.

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.