Barrett & Company Inc. Acquires New Shares in iShares 1-3 Year Treasury Bond ETF $SHY

Barrett & Company Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 9,349 shares of the company’s stock, valued at approximately $759,000.

Several other institutional investors and hedge funds have also recently modified their holdings of SHY. Apella Capital LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 327.6% during the third quarter. Apella Capital LLC now owns 152,694 shares of the company’s stock worth $12,393,000 after acquiring an additional 116,984 shares during the period. Innova Wealth Partners increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 134.6% during the first quarter. Innova Wealth Partners now owns 318,143 shares of the company’s stock worth $26,269,000 after purchasing an additional 182,540 shares during the period. Baird Financial Group Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% during the second quarter. Baird Financial Group Inc. now owns 303,706 shares of the company’s stock worth $24,937,000 after purchasing an additional 15,954 shares during the period. Silicon Valley Capital Partners lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 12.5% during the 2nd quarter. Silicon Valley Capital Partners now owns 576,059 shares of the company’s stock worth $47,300,000 after purchasing an additional 64,060 shares during the last quarter. Finally, Signet Private Wealth LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth $1,313,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

SHY stock opened at $81.50 on Friday. The business has a 50-day simple moving average of $81.47 and a 200 day simple moving average of $81.88. The company has a market cap of $27.27 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.95 and a 52 week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.2410 dividend. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.89 annualized dividend and a dividend yield of 3.5%.

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.