iShares 1-3 Year Treasury Bond ETF $SHY Shares Newly Bought by New South Capital Management Inc.

New South Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 9,125 shares of the company’s stock, valued at approximately $741,000.

Several other institutional investors also recently modified their holdings of the business. Apella Capital LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 327.6% during the third quarter. Apella Capital LLC now owns 152,694 shares of the company’s stock valued at $12,393,000 after purchasing an additional 116,984 shares during the last quarter. Baird Financial Group Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% in the 2nd quarter. Baird Financial Group Inc. now owns 303,706 shares of the company’s stock worth $24,937,000 after purchasing an additional 15,954 shares in the last quarter. Financial Management Professionals Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $1,140,000. Israel Discount Bank of New York grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 112.1% in the 3rd quarter. Israel Discount Bank of New York now owns 53,155 shares of the company’s stock worth $4,316,000 after buying an additional 28,088 shares during the last quarter. Finally, Silicon Valley Capital Partners grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 12.5% in the 2nd quarter. Silicon Valley Capital Partners now owns 576,059 shares of the company’s stock worth $47,300,000 after buying an additional 64,060 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

SHY stock opened at $81.31 on Thursday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.95 and a twelve month high of $83.20. The firm has a market cap of $27.44 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business has a 50 day moving average of $81.35 and a 200 day moving average of $82.06.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.2544 dividend. This represents a $3.05 annualized dividend and a yield of 3.8%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date of this dividend was Monday, November 2nd.

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.