King Luther Capital Management Corp Purchases 234 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

King Luther Capital Management Corp grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,206 shares of the company’s stock after purchasing an additional 234 shares during the quarter. King Luther Capital Management Corp’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $350,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. WestEnd Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $30,000. Financial Connections Group Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth $31,000. Rational Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $67,000. Global Trust Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $68,000. Finally, Creative Financial Designs Inc. ADV boosted its stake in iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after purchasing an additional 167 shares during the period. Hedge funds and other institutional investors own 23.62% of the company’s stock.

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

Shares of SHY opened at $82.01 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The stock has a market cap of $22.15 billion, a PE ratio of 3,695.45 and a beta of 0.01. The business’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 company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.2831 per share. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.