iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stock Holdings Increased by Patten & Patten Inc. TN

Patten & Patten Inc. TN boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.6% during the third quarter, HoldingsChannel.com reports. The firm owned 34,759 shares of the company’s stock after acquiring an additional 4,688 shares during the period. Patten & Patten Inc. TN’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,890,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SHY. Cerity Partners OCIO LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $129,075,000. SG Americas Securities LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 1,533.3% during the second quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock valued at $42,633,000 after purchasing an additional 490,171 shares during the last quarter. LPL Financial LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 8.4% in the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock valued at $446,254,000 after purchasing an additional 422,978 shares in the last quarter. Captrust Financial Advisors increased its holdings in iShares 1-3 Year Treasury Bond ETF by 8.7% in the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after buying an additional 379,718 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 75.5% during the 2nd quarter. Renaissance Technologies LLC now owns 847,878 shares of the company’s stock worth $69,229,000 after purchasing an additional 364,878 shares during the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.07 on Monday. The company has a market cap of $22.17 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day moving average of $82.69 and a 200-day moving average of $82.11. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.