Community Bank N.A. Lowers Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Community Bank N.A. lessened its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,355 shares of the company’s stock after selling 794 shares during the quarter. Community Bank N.A.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,942,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Beacon Investment Advisory Services Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.0% in the third quarter. Beacon Investment Advisory Services Inc. now owns 704,075 shares of the company’s stock valued at $58,544,000 after buying an additional 6,743 shares in the last quarter. Benjamin Edwards Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 2,772.4% during the third quarter. Benjamin Edwards Inc. now owns 482,622 shares of the company’s stock worth $40,130,000 after acquiring an additional 465,820 shares during the last quarter. Kestra Investment Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $267,000. Edgestream Partners L.P. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 161.6% in the third quarter. Edgestream Partners L.P. now owns 110,055 shares of the company’s stock valued at $9,151,000 after purchasing an additional 67,989 shares during the last quarter. Finally, NCM Capital Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 50.2% during the 3rd quarter. NCM Capital Management LLC now owns 8,735 shares of the company’s stock valued at $726,000 after purchasing an additional 2,920 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

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

Shares of SHY opened at $82.32 on Monday. The firm has a market cap of $22.58 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business’s 50 day moving average is $82.42 and its two-hundred day moving average is $82.21. 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. Investors of record on Friday, November 1st were issued a $0.2831 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 annualized dividend and a yield of 4.13%.

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.