Prairie Advisory LLC Buys 12,865 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Prairie Advisory LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 297.3% during the third quarter, Holdings Channel.com reports. The firm owned 17,192 shares of the company’s stock after buying an additional 12,865 shares during the period. Prairie Advisory LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,396,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SHY. Bank of America Corp DE boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% during the first quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after purchasing an additional 3,451,890 shares during the period. Bank of New York Mellon Corp boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock valued at $471,783,000 after acquiring an additional 165,473 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 225.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after purchasing an additional 2,454,485 shares in the last quarter. Assetmark Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 46.1% during the 1st quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock worth $262,216,000 after acquiring an additional 1,002,453 shares during the period. Finally, PNC Financial Services Group Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 18.1% in the first quarter. PNC Financial Services Group Inc. now owns 2,428,740 shares of the company’s stock worth $200,541,000 after purchasing an additional 372,529 shares during the period. Institutional investors own 23.15% of the company’s stock.

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

Shares of NASDAQ SHY traded down $0.06 on Monday, reaching $81.31. 1,358,359 shares of the company’s stock traded hands, compared to its average volume of 4,257,450. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.95 and a 12 month high of $83.20. The company has a market cap of $26.94 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The business’s 50 day simple moving average is $81.52 and its two-hundred day simple moving average is $81.92.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.2410 per share. This represents a $2.89 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, October 1st. 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 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.