iShares 1-3 Year Treasury Bond ETF $SHY Shares Acquired by Nixon Peabody Trust Co.

Nixon Peabody Trust Co. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 3.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 282,107 shares of the company’s stock after buying an additional 10,087 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 1.9% of Nixon Peabody Trust Co.’s holdings, making the stock its 14th largest position. Nixon Peabody Trust Co.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $23,294,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. MCF Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $25,000. Holos Integrated Wealth LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $29,000. Lodestone Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Valley National Advisers Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $33,000. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $38,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $81.94 on Friday. The firm has a 50 day simple moving average of $82.13 and a 200-day simple moving average of $82.52. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.83 and a 1-year high of $83.20. The stock has a market cap of $25.31 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be issued a dividend of $0.2383 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Wednesday, July 1st.

iShares 1-3 Year Treasury Bond ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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