Keybank National Association OH Raises Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Keybank National Association OH increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 409,537 shares of the company’s stock after acquiring an additional 46,468 shares during the quarter. Keybank National Association OH’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $33,815,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Able Wealth Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.2% during the 1st quarter. Able Wealth Management LLC now owns 75,529 shares of the company’s stock valued at $6,236,000 after purchasing an additional 5,704 shares during the last quarter. Heritage Oak Wealth Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth about $25,531,000. Innova Wealth Partners boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 134.6% in the 1st quarter. Innova Wealth Partners now owns 318,143 shares of the company’s stock worth $26,269,000 after buying an additional 182,540 shares during the last quarter. Petros Family Wealth LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at about $3,338,000. Finally, Argent Advisors Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 1.4% during the first quarter. Argent Advisors Inc. now owns 146,725 shares of the company’s stock valued at $12,115,000 after buying an additional 2,096 shares during the period. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $81.94 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.83 and a 52-week high of $83.20. The company has a 50-day simple moving average of $82.13 and a 200 day simple moving average of $82.52. The company has a market capitalization of $25.31 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.