iShares 1-3 Year Treasury Bond ETF $SHY Stock Position Raised by Broyhill Asset Management LLC

Broyhill Asset Management LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 134,025 shares of the company’s stock after buying an additional 10,139 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 9.0% of Broyhill Asset Management LLC’s portfolio, making the stock its largest holding. Broyhill Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $11,088,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SHY. DMC Group LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1.7% during the 1st quarter. DMC Group LLC now owns 7,417 shares of the company’s stock valued at $614,000 after buying an additional 122 shares in the last quarter. CNB Bank lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.6% in the 1st quarter. CNB Bank now owns 2,018 shares of the company’s stock worth $167,000 after buying an additional 125 shares during the period. Apollon Wealth Management LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the 1st quarter. Apollon Wealth Management LLC now owns 21,474 shares of the company’s stock worth $1,777,000 after acquiring an additional 125 shares in the last quarter. A. D. Beadell Investment Counsel Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.4% in the 1st quarter. A. D. Beadell Investment Counsel Inc. now owns 5,526 shares of the company’s stock worth $457,000 after acquiring an additional 127 shares in the last quarter. Finally, Robinson Value Management Ltd. grew its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 1st quarter. Robinson Value Management Ltd. now owns 18,177 shares of the company’s stock worth $1,504,000 after buying an additional 128 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.94 on Thursday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.30. The firm has a market capitalization of $23.46 billion, a P/E ratio of 3,747.73 and a beta of 0.01. The stock has a 50-day simple moving average of $82.61 and a two-hundred day simple moving average of $82.52.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, August 6th. Stockholders of record on Friday, August 1st were issued a $0.2698 dividend. The ex-dividend date was Friday, August 1st. This represents a c) annualized dividend and a dividend yield of 3.9%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26.

iShares 1-3 Year Treasury Bond ETF 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.