iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Reaches New 12-Month High at $82.56

Posted by Lars Charter on Aug 2nd, 2024

iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Get Free Report) shares reached a new 52-week high on Friday . The stock traded as high as $82.56 and last traded at $82.55, with a volume of 490116 shares traded. The stock had previously closed at $82.21.

iShares 1-3 Year Treasury Bond ETF Price Performance

The firm has a market capitalization of $24.35 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company’s 50-day simple moving average is $81.67 and its two-hundred day simple moving average is $81.62.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st will be given a $0.2725 dividend. The ex-dividend date of this dividend is Thursday, August 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.27 annualized dividend and a yield of 3.96%.

Institutional Trading of iShares 1-3 Year Treasury Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. WestEnd Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $30,000. Financial Connections Group Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $31,000. Criterion Capital Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $35,000. Future Financial Wealth Managment LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $36,000. Finally, Mather Group LLC. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $39,000. 23.62% of the stock is currently owned by institutional investors.

About iShares 1-3 Year Treasury Bond ETF

(Get 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.