NorthCrest Asset Manangement LLC Has $5.18 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

NorthCrest Asset Manangement LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,390 shares of the company’s stock after purchasing an additional 2,985 shares during the quarter. NorthCrest Asset Manangement LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,176,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Criterion Capital Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth $35,000. Future Financial Wealth Managment LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth $36,000. Mather Group LLC. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth $39,000. Atticus Wealth Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 76.0% during the first quarter. Atticus Wealth Management LLC now owns 549 shares of the company’s stock worth $45,000 after acquiring an additional 237 shares in the last quarter. Finally, Vestor Capital LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 28.8% during the fourth quarter. Vestor Capital LLC now owns 684 shares of the company’s stock worth $56,000 after acquiring an additional 153 shares in the last quarter. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY traded up $0.02 on Wednesday, hitting $82.68. 1,957,250 shares of the stock were exchanged, compared to its average volume of 4,051,782. The business’s fifty day moving average is $81.86 and its 200 day moving average is $81.64. The company has a market capitalization of $24.52 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.62 and a 52 week high of $82.91.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were paid a dividend of $0.2725 per share. This represents a $3.27 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date was Thursday, August 1st. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.