iShares 1-3 Year Treasury Bond ETF $SHY Holdings Lifted by Global Trust Asset Management LLC

Global Trust Asset Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12,184.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 184,272 shares of the company’s stock after acquiring an additional 182,772 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 6.0% of Global Trust Asset Management LLC’s portfolio, making the stock its largest position. Global Trust Asset Management LLC owned approximately 0.06% of iShares 1-3 Year Treasury Bond ETF worth $15,261,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Harbor Investment Advisory LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 16.7% during the third quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock worth $3,740,000 after purchasing an additional 6,436 shares in the last quarter. First Horizon Corp acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $2,116,000. Cadence Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $5,524,000. Childress Capital Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $896,000. Finally, JARISLOWSKY FRASER Ltd increased its position in iShares 1-3 Year Treasury Bond ETF by 66.9% during the 3rd quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock worth $3,445,000 after purchasing an additional 16,647 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.36 on Friday. The stock has a 50 day simple moving average of $82.74 and a 200-day simple moving average of $82.84. The company has a market cap of $24.70 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 Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be given a $0.2469 dividend. The ex-dividend date is Wednesday, April 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. This represents a c) annualized dividend and a yield of 3.6%.

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.