Foundry Financial Group Inc. Boosts Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Foundry Financial Group Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 9,555 shares of the company’s stock after buying an additional 1,803 shares during the period. Foundry Financial Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $794,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Guidance Capital Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 84.9% in the 3rd quarter. Guidance Capital Inc. now owns 6,287 shares of the company’s stock valued at $519,000 after buying an additional 2,886 shares during the last quarter. Plan Group Financial LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 42.2% in the third quarter. Plan Group Financial LLC now owns 17,085 shares of the company’s stock valued at $1,421,000 after acquiring an additional 5,071 shares in the last quarter. Ndwm LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 54.3% in the third quarter. Ndwm LLC now owns 21,096 shares of the company’s stock valued at $1,754,000 after acquiring an additional 7,421 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.3% in the third quarter. Private Advisor Group LLC now owns 345,902 shares of the company’s stock valued at $28,776,000 after purchasing an additional 26,546 shares during the period. Finally, Tempus Wealth Planning LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 14.8% in the third quarter. Tempus Wealth Planning LLC now owns 3,363 shares of the company’s stock valued at $280,000 after purchasing an additional 433 shares during the period. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY traded down $0.02 during midday trading on Wednesday, reaching $82.44. 668,366 shares of the company’s stock were exchanged, compared to its average volume of 4,052,807. The business’s 50-day moving average price is $82.81 and its 200 day moving average price is $82.02. The stock has a market capitalization of $22.65 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.80 and a 1-year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.2883 dividend. The ex-dividend date was Tuesday, September 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.