Evanson Financial LLC Takes $1.06 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

Evanson Financial LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 12,905 shares of the company’s stock, valued at approximately $1,060,000.

Other institutional investors also recently made changes to their positions in the company. MCF Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $25,000. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares during the last quarter. Ashton Thomas Securities LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $30,000. Valley National Advisers Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $33,000. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $38,000. Institutional investors own 23.15% of the company’s stock.

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

NASDAQ SHY opened at $81.92 on Friday. The company has a market capitalization of $25.09 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The stock has a fifty day simple moving average of $81.95 and a 200 day simple moving average of $82.36. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.75 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were given a dividend of $0.2508 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 3.7%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.