iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,874 shares of the company’s stock after selling 8,400 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,563,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Sugar Maple Asset Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 25.4% during the 3rd quarter. Sugar Maple Asset Management LLC now owns 75,277 shares of the company’s stock worth $6,259,000 after purchasing an additional 15,235 shares in the last quarter. Mizuho Markets Americas LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $44,917,000. Koa Wealth Management LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.1% in the third quarter. Koa Wealth Management LLC now owns 58,405 shares of the company’s stock worth $4,856,000 after acquiring an additional 2,844 shares during the last quarter. Empowered Funds LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 111.3% in the 3rd quarter. Empowered Funds LLC now owns 33,277 shares of the company’s stock valued at $2,757,000 after purchasing an additional 17,525 shares in the last quarter. Finally, Birchcreek Wealth Management LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 25.5% during the 3rd quarter. Birchcreek Wealth Management LLC now owns 167,182 shares of the company’s stock worth $13,901,000 after purchasing an additional 33,982 shares during the last quarter. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.01 on Monday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The company has a market capitalization of $22.15 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a fifty day moving average of $82.51 and a two-hundred day moving average of $82.18.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.2831 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%. 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.

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.