Fort Washington Investment Advisors Inc. OH Purchases 6,639 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Fort Washington Investment Advisors Inc. OH bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 6,639 shares of the company’s stock, valued at approximately $539,000.

Other large investors also recently made changes to their positions in the company. Mather Group LLC. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $28,000. Hudock Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 12.3% during the third quarter. Hudock Inc. now owns 49,261 shares of the company’s stock valued at $4,000,000 after acquiring an additional 5,401 shares in the last quarter. Strategy Asset Managers LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at approximately $1,272,000. Mezzasalma Advisors LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.8% during the third quarter. Mezzasalma Advisors LLC now owns 9,101 shares of the company’s stock worth $739,000 after buying an additional 576 shares in the last quarter. Finally, Triumph Capital Management raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 16.2% in the 3rd quarter. Triumph Capital Management now owns 2,054 shares of the company’s stock valued at $167,000 after purchasing an additional 287 shares in the last quarter. Hedge funds and other 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 $81.36 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.95 and a 52 week high of $83.20. The business’s 50 day moving average is $81.52 and its two-hundred day moving average is $81.92. The company has a market cap of $26.93 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.2410 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.89 dividend on an annualized basis and a dividend yield of 3.6%. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440.

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.