Thrivent Financial for Lutherans Has $4.56 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Thrivent Financial for Lutherans reduced its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm 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 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. WestEnd Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $30,000. Financial Connections Group Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter worth approximately $31,000. Global Trust Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $68,000. Rational Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $67,000. Finally, Creative Financial Designs Inc. ADV grew its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after acquiring an additional 167 shares during the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.01 on Monday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The firm has a 50-day moving average of $82.51 and a 200 day moving average of $82.18. The company has a market cap of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.2831 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is an increase 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 4.14%.

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.