iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC reduced its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,573 shares of the company’s stock after selling 2,139 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,544,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in SHY. Guidance Capital Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock worth $280,000 after buying an additional 359 shares in the last quarter. Gradient Investments LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1,316.2% in the second quarter. Gradient Investments LLC now owns 963 shares of the company’s stock valued at $79,000 after purchasing an additional 895 shares during the last quarter. Oppenheimer Asset Management Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 13.4% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock worth $4,490,000 after purchasing an additional 6,493 shares in the last quarter. School Employees Retirement Board of Ohio purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $10,123,000. Finally, Burke & Herbert Bank & Trust Co. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $1,459,000. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.32 on Friday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The stock has a fifty day moving average of $82.42 and a two-hundred day moving average of $82.20. The company has a market capitalization of $22.23 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 company also recently announced 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 an increase 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 annualized dividend and a yield of 4.13%.

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.