NBT Bank N A NY Purchases 6,576 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

NBT Bank N A NY grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 91,705 shares of the company’s stock after buying an additional 6,576 shares during the quarter. NBT Bank N A NY’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Simplicity Wealth LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $719,000. Mount Lucas Management LP grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 518.0% during the 4th quarter. Mount Lucas Management LP now owns 198,611 shares of the company’s stock worth $16,282,000 after purchasing an additional 166,475 shares in the last quarter. Sowell Financial Services LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.1% during the 4th quarter. Sowell Financial Services LLC now owns 15,310 shares of the company’s stock worth $1,255,000 after purchasing an additional 742 shares in the last quarter. Axis Wealth Partners LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $392,000. Finally, Personal CFO Solutions LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $392,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.38 on Monday. The firm has a market cap of $23.21 billion, a P/E ratio of 3,755.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The business’s fifty day moving average is $82.12 and its 200-day moving average is $82.33.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2531 per share. The ex-dividend date was Monday, March 3rd.

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.