Anchor Capital Advisors LLC Decreases Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Anchor Capital Advisors LLC lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 38.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 261,158 shares of the company’s stock after selling 160,117 shares during the period. Anchor Capital Advisors LLC owned 0.09% of iShares 1-3 Year Treasury Bond ETF worth $21,640,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Alamar Capital Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 182.1% during the first quarter. Alamar Capital Management LLC now owns 62,833 shares of the company’s stock valued at $5,198,000 after buying an additional 40,561 shares during the period. Irenic Capital Management LP grew its position in iShares 1-3 Year Treasury Bond ETF by 400.0% during the first quarter. Irenic Capital Management LP now owns 30,000 shares of the company’s stock valued at $2,482,000 after buying an additional 24,000 shares during the period. IFP Advisors Inc grew its position in iShares 1-3 Year Treasury Bond ETF by 5.9% during the first quarter. IFP Advisors Inc now owns 12,807 shares of the company’s stock valued at $1,059,000 after buying an additional 716 shares during the period. Silver Oak Securities Incorporated grew its position in iShares 1-3 Year Treasury Bond ETF by 96.0% during the second quarter. Silver Oak Securities Incorporated now owns 153,099 shares of the company’s stock valued at $12,686,000 after buying an additional 74,972 shares during the period. Finally, Deutsche Bank AG grew its position in iShares 1-3 Year Treasury Bond ETF by 124.7% during the first quarter. Deutsche Bank AG now owns 19,004 shares of the company’s stock valued at $1,572,000 after buying an additional 10,547 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.69 on Thursday. The firm has a market cap of $23.87 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day moving average is $82.93 and its 200 day moving average is $82.69. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.67 and a one year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, November 6th. Investors of record on Monday, November 3rd will be given a dividend of $0.2627 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date is Monday, November 3rd.

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.