First National Trust Co Increases Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

First National Trust Co increased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,569 shares of the company’s stock after purchasing an additional 550 shares during the quarter. First National Trust Co’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $962,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in SHY. WestEnd Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $30,000. Financial Connections Group Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $31,000. Global Trust Asset Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $68,000. Rational Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth $67,000. Finally, Creative Financial Designs Inc. ADV raised its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after buying an additional 167 shares during the last quarter. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.93 on Wednesday. The company’s fifty day simple moving average is $82.68 and its two-hundred day simple moving average is $82.13. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The firm has a market cap of $22.13 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.2831 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Friday, November 1st. This represents a $3.40 dividend on an annualized basis and a yield of 4.15%.

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.