iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Plans Monthly Dividend of $0.27

iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) announced a monthly dividend on Wednesday, July 31st, NASDAQ reports. Investors of record on Thursday, August 1st will be paid a dividend of 0.2725 per share on Tuesday, August 6th. This represents a $3.27 annualized dividend and a yield of 3.98%. The ex-dividend date is Thursday, August 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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

SHY stock traded up $0.14 during mid-day trading on Thursday, hitting $82.21. 4,989,132 shares of the company were exchanged, compared to its average volume of 3,908,839. The business has a fifty day simple moving average of $81.65 and a 200-day simple moving average of $81.62. The firm has a market capitalization of $24.23 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.62 and a 12-month high of $82.39.

About iShares 1-3 Year Treasury Bond ETF

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.