10,600 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Bought by Canvas Wealth Advisors LLC

Canvas Wealth Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 10,600 shares of the company’s stock, valued at approximately $865,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Asset One Wealth Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 46.1% during the 3rd quarter. Asset One Wealth Management LLC now owns 16,246 shares of the company’s stock worth $1,319,000 after acquiring an additional 5,130 shares during the last quarter. Arrow Investment Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $3,029,000. Calamos Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $956,000. Alamar Capital Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 25.8% in the third quarter. Alamar Capital Management LLC now owns 137,920 shares of the company’s stock valued at $11,199,000 after acquiring an additional 28,261 shares during the last quarter. Finally, Burke & Herbert Bank & Trust Co. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $643,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock traded down $0.04 during mid-day trading on Friday, hitting $81.63. 7,281,400 shares of the stock were exchanged, compared to its average volume of 4,269,880. The business has a fifty day moving average price of $81.38 and a 200 day moving average price of $82.08. The stock has a market capitalization of $27.53 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.95 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a $0.2544 dividend. 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. This represents a $3.05 dividend on an annualized basis and a dividend yield of 3.7%.

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.