iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Lifted by White Pine Investment CO

White Pine Investment CO raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 108,574 shares of the company’s stock after acquiring an additional 2,317 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for about 2.5% of White Pine Investment CO’s portfolio, making the stock its 12th biggest holding. White Pine Investment CO’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,028,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in SHY. Farther Finance Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 112.0% during the third quarter. Farther Finance Advisors LLC now owns 117,385 shares of the company’s stock valued at $9,761,000 after buying an additional 62,018 shares in the last quarter. Gladstone Institutional Advisory LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at about $338,000. Fonville Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $286,000. Creative Financial Designs Inc. ADV increased its position in iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after buying an additional 167 shares during the last quarter. Finally, Stephens Inc. AR raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the 3rd quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock valued at $111,226,000 after acquiring an additional 8,531 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors.

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

NASDAQ SHY opened at $82.05 on Friday. The company has a market cap of $22.16 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The company has a fifty day simple moving average of $82.77 and a 200 day simple moving average of $82.08.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be given a $0.2831 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 annualized dividend and a yield of 4.14%. The ex-dividend date is Friday, November 1st.

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.