Global Trust Asset Management LLC Makes New Investment in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Global Trust Asset Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 819 shares of the company’s stock, valued at approximately $68,000.

Several other institutional investors and hedge funds have also bought and sold shares of SHY. Guidance Capital Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11.8% during the second quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock valued at $280,000 after purchasing an additional 359 shares in the last quarter. Gradient Investments LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1,316.2% during the second quarter. Gradient Investments LLC now owns 963 shares of the company’s stock valued at $79,000 after purchasing an additional 895 shares in the last quarter. Oppenheimer Asset Management Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 13.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock valued at $4,490,000 after purchasing an additional 6,493 shares in the last quarter. School Employees Retirement Board of Ohio bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $10,123,000. Finally, Burke & Herbert Bank & Trust Co. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $1,459,000. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $82.42 on Friday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.80 and a fifty-two week high of $83.30. The company has a 50 day simple moving average of $82.80 and a two-hundred day simple moving average of $82.03. The company has a market capitalization of $22.56 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 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.