Community Bank N.A. Acquires 640 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Community Bank N.A. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. 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 reporting period.

Several other large investors also recently modified their holdings of the stock. Accredited Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $25,000. Godsey & Gibb Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at about $26,000. Van ECK Associates Corp lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% during the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after purchasing an additional 187 shares during the last quarter. Millstone Evans Group LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $32,000. Finally, Carolinas Wealth Consulting LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 162.2% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock worth $34,000 after buying an additional 253 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.44 on Wednesday. The firm has a market cap of $24.21 billion, a PE ratio of 3,747.73 and a beta of 0.01. The stock’s 50 day simple moving average is $82.53 and its 200 day simple moving average is $82.32. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.29 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a $0.2718 dividend. This represents a $3.26 dividend on an annualized basis and a yield of 3.96%. This is a positive change 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.

About iShares 1-3 Year Treasury Bond ETF

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.