iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Purchased by Farmers Trust Co.

Farmers Trust Co. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 133.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,804 shares of the company’s stock after purchasing an additional 9,604 shares during the quarter. Farmers Trust Co.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,378,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of SHY. Oppenheimer Asset Management Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 13.4% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock valued at $4,490,000 after buying an additional 6,493 shares during the period. School Employees Retirement Board of Ohio bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $10,123,000. Eagle Asset Management Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 17.0% in the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,938 shares during the period. TPG Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter worth approximately $295,000. Finally, Alternative Investment Advisors LLC. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $350,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

Shares of NASDAQ SHY traded up $0.05 during mid-day trading on Wednesday, hitting $81.98. 2,121,279 shares of the company traded hands, compared to its average volume of 3,019,310. The business has a 50 day moving average of $82.04 and a two-hundred day moving average of $82.31. The stock has a market capitalization of $22.76 billion, a price-to-earnings 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 Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.10%.

iShares 1-3 Year Treasury Bond ETF 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.