TFB Advisors LLC Has $1.18 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

TFB Advisors LLC reduced its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 71.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,204 shares of the company’s stock after selling 35,039 shares during the quarter. TFB Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,181,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SHY. Cerity Partners OCIO LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $129,075,000. SG Americas Securities LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1,533.3% in the 2nd quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock valued at $42,633,000 after purchasing an additional 490,171 shares during the period. LPL Financial LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.4% in the 2nd quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after purchasing an additional 422,978 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% during the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after purchasing an additional 379,718 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 75.5% in the second quarter. Renaissance Technologies LLC now owns 847,878 shares of the company’s stock valued at $69,229,000 after purchasing an additional 364,878 shares during the last quarter. Institutional investors own 23.62% of the company’s stock.

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

NASDAQ:SHY opened at $82.13 on Friday. The firm has a market capitalization of $22.18 billion, a price-to-earnings 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 business’s 50-day moving average price is $82.72 and its two-hundred day moving average price is $82.10.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed 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. The ex-dividend date was Friday, November 1st. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%. This is a boost 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.