First Horizon Advisors Inc. Sells 4,054 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

First Horizon Advisors Inc. lessened its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,465 shares of the company’s stock after selling 4,054 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,099,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Alamar Capital Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 182.1% during the first quarter. Alamar Capital Management LLC now owns 62,833 shares of the company’s stock valued at $5,198,000 after acquiring an additional 40,561 shares during the last quarter. Irenic Capital Management LP grew its position in iShares 1-3 Year Treasury Bond ETF by 400.0% during the first quarter. Irenic Capital Management LP now owns 30,000 shares of the company’s stock valued at $2,482,000 after acquiring an additional 24,000 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.9% during the 1st quarter. IFP Advisors Inc now owns 12,807 shares of the company’s stock valued at $1,059,000 after purchasing an additional 716 shares during the last quarter. Silver Oak Securities Incorporated grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 96.0% during the 2nd quarter. Silver Oak Securities Incorporated now owns 153,099 shares of the company’s stock valued at $12,686,000 after purchasing an additional 74,972 shares during the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 124.7% during the 1st quarter. Deutsche Bank AG now owns 19,004 shares of the company’s stock valued at $1,572,000 after purchasing an additional 10,547 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.69 on Thursday. The firm’s fifty day moving average is $82.93 and its 200 day moving average is $82.69. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.67 and a 52 week high of $83.14. The firm has a market cap of $24.07 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd will be paid a dividend of $0.2627 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date of this dividend is Monday, November 3rd.

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.