Tidal Investments LLC Invests $1.30 Million in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Tidal Investments LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,674 shares of the company’s stock, valued at approximately $1,303,000.

A number of other large investors have also added to or reduced their stakes in SHY. Guidance Capital Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 11.8% during the 2nd quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock valued at $280,000 after buying an additional 359 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 13.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock valued at $4,490,000 after purchasing an additional 6,493 shares during the last quarter. School Employees Retirement Board of Ohio bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $10,123,000. Eagle Asset Management Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,938 shares in the last quarter. Finally, TPG Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $295,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.5 %

Shares of SHY stock opened at $81.68 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The stock has a market capitalization of $22.06 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The firm’s 50 day moving average is $82.21 and its 200 day moving average is $82.27.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th will be issued a $0.2804 dividend. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date of this dividend is Wednesday, December 18th.

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.