Prime Capital Investment Advisors LLC Has $1.61 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Prime Capital Investment Advisors LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.1% during the third quarter, Holdings Channel reports. The institutional investor owned 19,382 shares of the company’s stock after buying an additional 217 shares during the period. Prime Capital Investment Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,612,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Ashton Thomas Private Wealth LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 13.2% in the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 32,602 shares of the company’s stock worth $2,711,000 after purchasing an additional 3,807 shares in the last quarter. Mascoma Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $1,935,000. Verus Capital Partners LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 16.1% in the third quarter. Verus Capital Partners LLC now owns 19,518 shares of the company’s stock valued at $1,623,000 after buying an additional 2,700 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 3.5% in the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 20,325 shares of the company’s stock valued at $1,690,000 after buying an additional 684 shares during the period. Finally, First National Trust Co grew its position in iShares 1-3 Year Treasury Bond ETF by 5.0% during the third quarter. First National Trust Co now owns 11,569 shares of the company’s stock worth $962,000 after buying an additional 550 shares in the last quarter. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $81.93 on Friday. The business has a fifty day moving average price of $82.65 and a two-hundred day moving average price of $82.13. The stock has a market capitalization of $22.13 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.2831 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date was Friday, November 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.