iShares 1-3 Year Treasury Bond ETF $SHY is Severin Investments LLC’s 9th Largest Position

Severin Investments LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 92.9% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,856 shares of the company’s stock after purchasing an additional 9,565 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.4% of Severin Investments LLC’s holdings, making the stock its 9th largest position. Severin Investments LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,640,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. TruWealth Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% during the 4th quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock valued at $234,000 after acquiring an additional 121 shares in the last quarter. Bryn Mawr Trust Advisors LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.3% during the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after purchasing an additional 126 shares during the last quarter. Savant Capital LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 1.4% during the fourth quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock valued at $737,000 after purchasing an additional 126 shares during the last quarter. Tower View Wealth Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 11.4% in the first quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock valued at $106,000 after purchasing an additional 132 shares in the last quarter. Finally, Clientfirst Wealth Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 1.2% in the third quarter. Clientfirst Wealth Management LLC now owns 11,689 shares of the company’s stock valued at $970,000 after purchasing an additional 133 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.11 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.86 and a fifty-two week high of $83.20. The stock’s 50-day moving average is $82.17 and its two-hundred day moving average is $82.54. The firm has a market cap of $25.14 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.2429 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Monday, June 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.