iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Lowered by Barrett & Company Inc.

Barrett & Company Inc. trimmed its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,381 shares of the company’s stock after selling 894 shares during the quarter. Barrett & Company Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $693,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Accredited Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $25,000. Godsey & Gibb Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $26,000. Van ECK Associates Corp boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares during the period. Millstone Evans Group LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $32,000. Finally, Carolinas Wealth Consulting LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 162.2% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock worth $34,000 after buying an additional 253 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.44 on Wednesday. The stock’s 50 day moving average price is $82.53 and its 200 day moving average price is $82.32. The stock has a market cap of $24.21 billion, a P/E ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.29 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were paid a $0.2718 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date was Monday, June 2nd. This represents a $3.26 annualized dividend and a dividend yield of 3.96%.

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.