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

Global Trust Asset Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.0% during the first quarter, HoldingsChannel.com reports. The firm owned 202,776 shares of the company’s stock after buying an additional 18,504 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 6.4% of Global Trust Asset Management LLC’s holdings, making the stock its largest holding. Global Trust Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $16,743,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Quent Long Short Global Small Cap Fund LP acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $53,414,000. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 118.9% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 84,768 shares of the company’s stock worth $7,023,000 after purchasing an additional 46,040 shares during the last quarter. Focus Partners Advisor Solutions LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 15.8% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 85,119 shares of the company’s stock valued at $7,052,000 after purchasing an additional 11,593 shares in the last quarter. Finer Wealth Management Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $1,685,000. Finally, Fifth Third Securities Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 79.5% during the 4th quarter. Fifth Third Securities Inc. now owns 40,864 shares of the company’s stock valued at $3,384,000 after purchasing an additional 18,099 shares in the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1%

SHY stock opened at $82.11 on Wednesday. The firm has a market cap of $25.14 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.86 and a 1 year high of $83.20. The company has a fifty day simple moving average of $82.17 and a 200 day simple moving average of $82.54.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.2429 per share. This represents a c) annualized dividend and a yield of 3.5%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date was Monday, June 1st.

iShares 1-3 Year Treasury Bond ETF 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.