Victory Capital Management Inc. Sells 370 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Victory Capital Management Inc. reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 517,731 shares of the company’s stock after selling 370 shares during the period. Victory Capital Management Inc. owned 0.19% of iShares 1-3 Year Treasury Bond ETF worth $43,049,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. LPL Financial LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.4% in the 2nd quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after purchasing an additional 422,978 shares during the last quarter. Captrust Financial Advisors lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 8.7% during the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after acquiring an additional 379,718 shares in the last quarter. Raymond James & Associates lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 9.1% during the second quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock worth $246,738,000 after acquiring an additional 250,959 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,658,189 shares of the company’s stock worth $135,391,000 after acquiring an additional 83,881 shares in the last quarter. Finally, Cerity Partners OCIO LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $129,075,000. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

SHY stock opened at $82.02 on Friday. The business’s 50-day moving average price is $82.63 and its two-hundred day moving average price is $82.13. The firm has a market cap of $22.15 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2831 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.40 annualized dividend and a dividend yield of 4.14%.

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.