Clearstead Trust LLC Buys 313 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Clearstead Trust LLC grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,100 shares of the company’s stock after purchasing an additional 313 shares during the period. Clearstead Trust LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $254,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of SHY. National Bank of Canada FI raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the fourth quarter. National Bank of Canada FI now owns 72,218 shares of the company’s stock worth $5,908,000 after buying an additional 449 shares during the period. Ifrah Financial Services Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.2% in the fourth quarter. Ifrah Financial Services Inc. now owns 129,630 shares of the company’s stock worth $10,635,000 after buying an additional 2,832 shares during the period. ARS Wealth Advisors Group LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $469,000. Provence Wealth Management Group raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.6% in the fourth quarter. Provence Wealth Management Group now owns 9,533 shares of the company’s stock worth $782,000 after buying an additional 241 shares during the period. Finally, Blue Fin Capital Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.0% in the fourth quarter. Blue Fin Capital Inc. now owns 24,009 shares of the company’s stock worth $1,970,000 after buying an additional 465 shares during the period. 23.62% of the stock is owned by institutional investors.

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

Shares of NASDAQ SHY traded up $0.13 during midday trading on Friday, hitting $81.30. The company’s stock had a trading volume of 4,960,204 shares, compared to its average volume of 4,570,730. The business’s 50 day moving average is $81.46 and its two-hundred day moving average is $81.58. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.60. The firm has a market cap of $24.54 billion, a P/E ratio of 3,695.45 and a beta of 0.04.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be issued a $0.2616 dividend. The ex-dividend date is Wednesday, May 1st. This represents a $3.14 annualized dividend and a dividend yield of 3.86%.

iShares 1-3 Year Treasury Bond ETF Company 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.