Headinvest LLC Has $2.64 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Headinvest LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.6% in the fourth quarter, Holdings Channel reports. The firm owned 32,246 shares of the company’s stock after purchasing an additional 803 shares during the quarter. Headinvest LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,644,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Accredited Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $25,000. Golden State Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $30,000. Van ECK Associates Corp grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after purchasing an additional 187 shares during the last quarter. Millstone Evans Group LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $32,000. Finally, Roxbury Financial LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $36,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.39 on Thursday. The company has a 50 day simple moving average of $82.59 and a 200 day simple moving average of $82.27. The stock has a market cap of $23.87 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.04. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.21 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were given a dividend of $0.2592 per share. This represents a $3.11 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend was Thursday, May 1st.

iShares 1-3 Year Treasury Bond ETF Company 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.