Pekin Hardy Strauss Inc. Acquires New Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Pekin Hardy Strauss Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 7,280 shares of the company’s stock, valued at approximately $591,000.

Several other large investors also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the second quarter. TD Waterhouse Canada Inc. now owns 19,766 shares of the company’s stock valued at $1,618,000 after purchasing an additional 141 shares in the last quarter. Centaurus Financial Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.8% during the first quarter. Centaurus Financial Inc. now owns 2,604 shares of the company’s stock valued at $215,000 after buying an additional 165 shares in the last quarter. L.K. Benson & Company P.C. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% during the third quarter. L.K. Benson & Company P.C. now owns 14,164 shares of the company’s stock valued at $1,150,000 after buying an additional 171 shares in the last quarter. XY Planning Network Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 1.8% during the third quarter. XY Planning Network Inc. now owns 10,040 shares of the company’s stock valued at $815,000 after buying an additional 178 shares during the period. Finally, IFC & Insurance Marketing Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 5.4% during the second quarter. IFC & Insurance Marketing Inc. now owns 3,739 shares of the company’s stock valued at $307,000 after buying an additional 190 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

NASDAQ:SHY opened at $81.63 on Friday. The business’s fifty day moving average price is $81.38 and its 200 day moving average price is $82.08. The firm has a market capitalization of $27.55 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 1-year low of $80.95 and a 1-year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were paid a dividend of $0.2544 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $3.05 annualized dividend and a yield of 3.7%.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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