Rothschild Investment LLC Increases Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Rothschild Investment LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 24.2% during the second quarter, Holdings Channel.com reports. The fund owned 30,446 shares of the company’s stock after purchasing an additional 5,931 shares during the quarter. Rothschild Investment LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,523,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Hantz Financial Services Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $25,000. MassMutual Private Wealth & Trust FSB lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after acquiring an additional 125 shares in the last quarter. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $39,000. Flaharty Asset Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $40,000. Finally, Garrison Bradford & Associates Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $41,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.82 on Tuesday. The business has a fifty day moving average price of $82.92 and a 200 day moving average price of $82.69. The company has a market cap of $23.91 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.67 and a one year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a $0.2627 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date was Monday, November 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.