Haverford Trust Co Has $28.62 Million Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Haverford Trust Co raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 345,900 shares of the company’s stock after purchasing an additional 10,783 shares during the quarter. Haverford Trust Co’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $28,616,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its stake in iShares 1-3 Year Treasury Bond ETF by 9.4% in the 4th quarter. Bank of America Corp DE now owns 15,282,874 shares of the company’s stock valued at $1,252,890,000 after buying an additional 1,308,640 shares during the period. Captrust Financial Advisors increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.1% in the fourth quarter. Captrust Financial Advisors now owns 9,232,624 shares of the company’s stock worth $756,890,000 after acquiring an additional 766,782 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.5% in the first quarter. LPL Financial LLC now owns 6,855,478 shares of the company’s stock worth $567,154,000 after acquiring an additional 417,922 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.8% in the first quarter. Raymond James Financial Inc. now owns 5,068,597 shares of the company’s stock worth $419,325,000 after acquiring an additional 323,185 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 13.8% in the first quarter. Ameriprise Financial Inc. now owns 4,043,180 shares of the company’s stock worth $334,519,000 after acquiring an additional 490,469 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.85 on Friday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.30. The stock’s 50-day moving average is $82.59 and its two-hundred day moving average is $82.50. The firm has a market cap of $23.43 billion, a P/E ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 6th. Investors of record on Friday, August 1st were issued a $0.2698 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Friday, August 1st.

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.