Canvas Wealth Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 10,600 shares of the company’s stock, valued at approximately $865,000.
Other institutional investors have also added to or reduced their stakes in the company. Apella Capital LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 327.6% during the third quarter. Apella Capital LLC now owns 152,694 shares of the company’s stock valued at $12,393,000 after purchasing an additional 116,984 shares in the last quarter. Baird Financial Group Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 5.5% in the second quarter. Baird Financial Group Inc. now owns 303,706 shares of the company’s stock worth $24,937,000 after purchasing an additional 15,954 shares during the period. Financial Management Professionals Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $1,140,000. Silicon Valley Capital Partners raised its holdings in iShares 1-3 Year Treasury Bond ETF by 12.5% in the second quarter. Silicon Valley Capital Partners now owns 576,059 shares of the company’s stock worth $47,300,000 after purchasing an additional 64,060 shares in the last quarter. Finally, Israel Discount Bank of New York raised its holdings in iShares 1-3 Year Treasury Bond ETF by 112.1% in the third quarter. Israel Discount Bank of New York now owns 53,155 shares of the company’s stock worth $4,316,000 after purchasing an additional 28,088 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.
iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%
iShares 1-3 Year Treasury Bond ETF stock traded down $0.04 on Friday, hitting $81.63. 7,281,400 shares of the stock traded hands, compared to its average volume of 4,269,880. The firm has a market cap of $27.53 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business’s fifty day simple moving average is $81.38 and its 200 day simple moving average is $82.08. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.95 and a 1 year high of $83.20.
iShares 1-3 Year Treasury Bond ETF Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were paid a $0.2544 dividend. This represents a $3.05 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, November 2nd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410.
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.
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