Clearstead Trust LLC Buys 568 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Clearstead Trust LLC increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,687 shares of the company’s stock after purchasing an additional 568 shares during the period. Clearstead Trust LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $301,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SHY. Janney Montgomery Scott LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 54.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 72,509 shares of the company’s stock worth $5,949,000 after purchasing an additional 25,674 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,073,272 shares of the company’s stock valued at $88,051,000 after acquiring an additional 4,482 shares during the last quarter. Gladstone Institutional Advisory LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 2,721 shares of the company’s stock valued at $223,000 after acquiring an additional 171 shares during the last quarter. D.A. Davidson & CO. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.4% during the 4th quarter. D.A. Davidson & CO. now owns 26,280 shares of the company’s stock valued at $2,156,000 after acquiring an additional 1,102 shares during the last quarter. Finally, AWM Capital LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $220,000. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $83.20 on Tuesday. The firm has a fifty day moving average of $82.47 and a two-hundred day moving average of $81.81. The stock has a market capitalization of $24.68 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 52 week low of $80.62 and a 52 week high of $83.22.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.2883 per share. The ex-dividend date was Tuesday, September 3rd.

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.