iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. decreased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.8% during the 3rd quarter, Holdings Channel reports. The firm owned 2,902,093 shares of the company’s stock after selling 83,744 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $241,309,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. SVB Wealth LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 114.1% during the first quarter. SVB Wealth LLC now owns 15,104 shares of the company’s stock valued at $1,235,000 after acquiring an additional 8,049 shares during the last quarter. Captrust Financial Advisors lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 8.7% in the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after purchasing an additional 379,718 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 29.7% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 31,764 shares of the company’s stock worth $2,572,000 after purchasing an additional 7,268 shares during the last quarter. Sugar Maple Asset Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth $4,843,000. Finally, William Howard & Co Financial Advisors Inc acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at about $1,649,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.

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

NASDAQ:SHY opened at $82.01 on Friday. The company has a market cap of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The company’s 50-day moving average price is $82.51 and its 200-day moving average price is $82.17.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.2831 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 annualized dividend and a dividend yield of 4.14%. The ex-dividend date of this dividend was Friday, November 1st.

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.