Brady Family Wealth LLC Raises Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Brady Family Wealth LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 54,227 shares of the company’s stock after purchasing an additional 4,386 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 1.4% of Brady Family Wealth LLC’s holdings, making the stock its 26th biggest holding. Brady Family Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,446,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. School Employees Retirement Board of Ohio acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $10,123,000. Eagle Asset Management Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,938 shares in the last quarter. TPG Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $295,000. Alternative Investment Advisors LLC. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $350,000. Finally, Park Avenue Securities LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 30.4% in the third quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock valued at $7,261,000 after acquiring an additional 20,384 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.05 on Thursday. The business has a fifty day moving average price of $82.01 and a 200 day moving average price of $82.32. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The stock has a market capitalization of $22.79 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date was Wednesday, December 18th.

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.