Oxbow Advisors LLC Acquires 22,614 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Oxbow Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 51.7% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 66,353 shares of the company’s stock after buying an additional 22,614 shares during the period. Oxbow Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,479,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. NewEdge Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock valued at $10,916,000 after purchasing an additional 916 shares during the last quarter. Squarepoint Ops LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 103.3% in the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after purchasing an additional 7,731 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $70,000. NCM Capital Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 6.7% in the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock valued at $793,000 after buying an additional 603 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.9% in the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after buying an additional 919 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $81.94 on Friday. The firm’s fifty day moving average price is $82.13 and its two-hundred day moving average price is $82.52. The stock has a market cap of $25.31 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.83 and a fifty-two week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.2383 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.