Transcend Capital Advisors LLC Purchases 196 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Transcend Capital Advisors LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 4,048 shares of the company’s stock after purchasing an additional 196 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $335,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after acquiring an additional 125 shares in the last quarter. Oliver Lagore Vanvalin Investment Group bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $39,000. Flaharty Asset Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter valued at $40,000. Garrison Bradford & Associates Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter valued at $41,000. Finally, Berkshire Money Management Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $43,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.2%

NASDAQ:SHY opened at $82.93 on Thursday. The stock has a market cap of $24.28 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day simple moving average is $82.93 and its 200 day simple moving average is $82.69. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.67 and a twelve month high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a $0.2563 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.7%.

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.