81,709 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Bought by NBT Bank N.A.

NBT Bank N.A. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 81,709 shares of the company’s stock, valued at approximately $6,635,000.

A number of other large investors have also added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 28.3% during the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after purchasing an additional 3,451,890 shares during the last quarter. Bank of New York Mellon Corp boosted its position in iShares 1-3 Year Treasury Bond ETF by 3.0% during the first quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock worth $471,783,000 after purchasing an additional 165,473 shares during the period. RPOA Advisors Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $301,889,000. The Manufacturers Life Insurance Company increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 225.0% in the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after purchasing an additional 2,454,485 shares during the last quarter. Finally, Assetmark Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 46.1% in the first quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock valued at $262,216,000 after purchasing an additional 1,002,453 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $81.52 on Friday. The firm has a market capitalization of $27.20 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company’s 50-day moving average is $81.48 and its 200-day moving average is $81.89. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.95 and a fifty-two week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a dividend of $0.2410 per share. This represents a $2.89 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440.

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.