ESL Trust Services LLC Increases Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

ESL Trust Services LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 40.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,014 shares of the company’s stock after purchasing an additional 580 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 0.0% of ESL Trust Services LLC’s portfolio, making the stock its 27th largest position. ESL Trust Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $167,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of SHY. Cerity Partners OCIO LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $129,075,000. SG Americas Securities LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 1,533.3% during the second quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock valued at $42,633,000 after buying an additional 490,171 shares in the last quarter. LPL Financial LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 8.4% during the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after buying an additional 422,978 shares during the period. Captrust Financial Advisors increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% in the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after acquiring an additional 379,718 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 75.5% in the 2nd quarter. Renaissance Technologies LLC now owns 847,878 shares of the company’s stock valued at $69,229,000 after acquiring an additional 364,878 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1 %

NASDAQ:SHY opened at $82.07 on Friday. The firm’s fifty day simple moving average is $82.69 and its 200 day simple moving average is $82.11. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The firm has a market capitalization of $22.17 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 disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2831 per share. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.