NTV Asset Management LLC Purchases New Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

NTV Asset Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 25,967 shares of the company’s stock, valued at approximately $2,109,000.

Other hedge funds have also modified their holdings of the company. Bank of America Corp DE increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% in the first quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock worth $1,292,182,000 after purchasing an additional 3,451,890 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock valued at $471,783,000 after buying an additional 165,473 shares in the last quarter. RPOA Advisors Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $301,889,000. The Manufacturers Life Insurance Company boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 225.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock worth $291,110,000 after buying an additional 2,454,485 shares during the period. Finally, Assetmark Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 46.1% in the 1st quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock worth $262,216,000 after buying an additional 1,002,453 shares during the period. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $81.50 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.95 and a 52-week high of $83.20. The firm has a market capitalization of $27.27 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock has a fifty day simple moving average of $81.47 and a two-hundred day simple moving average of $81.88.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.2410 dividend. The ex-dividend date was Thursday, October 1st. This is a negative change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. This represents a $2.89 annualized dividend and a dividend yield of 3.5%.

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.