iShares 1-3 Year Treasury Bond ETF $SHY Stock Bought by Enclave Advisors LLC

Enclave Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 41.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,381 shares of the company’s stock after acquiring an additional 8,646 shares during the period. Enclave Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,386,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock worth $26,000 after acquiring an additional 249 shares during the period. Ashton Thomas Securities LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth $30,000. Merkkuri Wealth Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth $38,000. Beacon Financial Strategies CORP purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $38,000. Finally, Union Savings Bank purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $45,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.19 on Wednesday. The firm has a market capitalization of $26.70 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.95 and a fifty-two week high of $83.20. The stock’s fifty day moving average is $81.56 and its two-hundred day moving average is $81.94.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a dividend of $0.2410 per share. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.89 annualized dividend and a dividend yield of 3.6%.

iShares 1-3 Year Treasury Bond ETF Company 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.