iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) to Issue Dividend of $0.24

iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) declared a dividend on Thursday, April 30th, NASDAQ Dividends reports. Shareholders of record on Friday, May 1st will be given a dividend of 0.2428 per share on Wednesday, May 6th. The ex-dividend date is Friday, May 1st.

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

SHY stock traded down $0.22 during midday trading on Friday, hitting $82.26. The company’s stock had a trading volume of 1,545,049 shares, compared to its average volume of 4,929,752. The stock’s 50-day moving average price is $82.58 and its 200 day moving average price is $82.78. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $82.21 and a 1 year high of $83.20. The stock has a market cap of $25.46 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

Institutional Trading of iShares 1-3 Year Treasury Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. MCF Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $25,000. Key Financial Inc boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% in the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after purchasing an additional 196 shares in the last quarter. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares in the last quarter. Pflug Koory LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 287 shares in the last quarter. Finally, Lodestone Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $29,000. 23.15% of the stock is currently owned by institutional investors.

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.