First Trust Advisors LP Takes Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by on Mar 11th, 2023

First Trust Advisors LP acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Get Rating) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 186,603 shares of the company’s stock, valued at approximately $15,154,000. First Trust Advisors LP owned about 0.05% of iShares 1-3 Year Treasury Bond ETF as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. American National Bank increased its holdings in iShares 1-3 Year Treasury Bond ETF by 1,162.5% during the third quarter. American National Bank now owns 303 shares of the company’s stock valued at $25,000 after buying an additional 279 shares during the last quarter. Lowe Wealth Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $28,000. Salem Investment Counselors Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 316.7% during the third quarter. Salem Investment Counselors Inc. now owns 425 shares of the company’s stock valued at $35,000 after buying an additional 323 shares during the last quarter. Global Wealth Management Investment Advisory Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $35,000. Finally, Leelyn Smith LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 100.0% in the second quarter. Leelyn Smith LLC now owns 438 shares of the company’s stock worth $36,000 after purchasing an additional 219 shares during the period. 22.85% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.5 %

SHY opened at $81.21 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.48 and a 1-year high of $84.18. The company has a 50 day simple moving average of $81.32 and a two-hundred day simple moving average of $81.35.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, March 7th. Shareholders of record on Thursday, March 2nd were given a $0.162 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.15. This represents a $1.94 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date was Wednesday, March 1st.

iShares 1-3 Year Treasury Bond ETF Company Profile

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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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