Beaumont Financial Advisors LLC Buys 464 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Beaumont Financial Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 6,905 shares of the company’s stock after acquiring an additional 464 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $566,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Barrett & Company Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Barrett & Company Inc. now owns 9,375 shares of the company’s stock worth $769,000 after purchasing an additional 125 shares in the last quarter. Investment Advisory Group LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% in the third quarter. Investment Advisory Group LLC now owns 20,282 shares of the company’s stock worth $1,642,000 after purchasing an additional 150 shares in the last quarter. Straight Path Wealth Management increased its holdings in iShares 1-3 Year Treasury Bond ETF by 4.8% in the fourth quarter. Straight Path Wealth Management now owns 3,295 shares of the company’s stock worth $270,000 after purchasing an additional 150 shares in the last quarter. Seelaus Asset Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 2.3% in the fourth quarter. Seelaus Asset Management LLC now owns 6,757 shares of the company’s stock worth $554,000 after purchasing an additional 150 shares in the last quarter. Finally, 1834 Investment Advisors Co. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 6.2% in the third quarter. 1834 Investment Advisors Co. now owns 2,710 shares of the company’s stock worth $219,000 after purchasing an additional 159 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors.

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

NASDAQ SHY opened at $81.17 on Friday. The company has a market cap of $24.58 billion, a price-to-earnings ratio of 3,690.68 and a beta of 0.02. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.60. The business has a 50 day moving average price of $81.55 and a 200-day moving average price of $81.55.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.2705 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.25 annualized dividend and a dividend yield of 4.00%.

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.