J. W. Coons Advisors LLC Increases Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by Steven Smith on Sep 1st, 2024

J. W. Coons Advisors LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 11.2% in the second quarter, Holdings Channel.com reports. The firm owned 15,429 shares of the company’s stock after purchasing an additional 1,556 shares during the period. J. W. Coons Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,260,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. NBT Bank N A NY grew its position in iShares 1-3 Year Treasury Bond ETF by 93.2% during the second quarter. NBT Bank N A NY now owns 66,968 shares of the company’s stock valued at $5,468,000 after acquiring an additional 32,308 shares during the period. IFG Advisory LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.0% in the second quarter. IFG Advisory LLC now owns 15,058 shares of the company’s stock worth $1,230,000 after buying an additional 855 shares during the period. Private Ocean LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 10,574.2% in the second quarter. Private Ocean LLC now owns 3,309 shares of the company’s stock worth $270,000 after buying an additional 3,278 shares during the period. Rothschild Investment LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $968,000. Finally, Blue Fin Capital Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 10.7% in the second quarter. Blue Fin Capital Inc. now owns 28,496 shares of the company’s stock worth $2,327,000 after buying an additional 2,764 shares during the period. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.80 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.62 and a 1-year high of $82.91. The business has a 50-day moving average of $82.17 and a 200-day moving average of $81.71. The company has a market capitalization of $24.56 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were given a $0.2725 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $3.27 annualized dividend and a dividend yield of 3.95%.

About iShares 1-3 Year Treasury Bond ETF

(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.