Community Bank N.A. Has $2.22 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Community Bank N.A. grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 26,833 shares of the company’s stock after acquiring an additional 640 shares during the period. Community Bank N.A.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,220,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Accredited Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $25,000. Godsey & Gibb Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at about $26,000. Van ECK Associates Corp boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares during the period. Millstone Evans Group LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $32,000. Finally, Carolinas Wealth Consulting LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 162.2% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock valued at $34,000 after acquiring an additional 253 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

NASDAQ:SHY opened at $82.44 on Wednesday. The company has a market cap of $24.21 billion, a P/E ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.29 and a twelve month high of $83.30. The business has a 50 day moving average price of $82.53 and a two-hundred day moving average price of $82.32.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a dividend of $0.2718 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.26 annualized dividend and a yield of 3.96%.

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.