iShares 1-3 Year Treasury Bond ETF $SHY Holdings Decreased by Ridgepath Capital Management LLC

Ridgepath Capital Management LLC reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 227,386 shares of the company’s stock after selling 16,835 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for approximately 10.1% of Ridgepath Capital Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Ridgepath Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $18,464,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock worth $26,000 after acquiring an additional 249 shares during the period. Mather Group LLC. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $28,000. Ashton Thomas Securities LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at about $30,000. Valley National Advisers Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $32,000. Finally, Weaver Capital Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $34,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.70 on Monday. The firm’s 50-day moving average price is $81.43 and its two-hundred day moving average price is $82.12. 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 capitalization of $27.52 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be issued a dividend of $0.2544 per share. This represents a $3.05 annualized dividend and a dividend yield of 3.7%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date is Monday, November 2nd.

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.