Brookstone Capital Management Raises Position in iShares 1-3 Year Treasury Bond ETF $SHY

Brookstone Capital Management lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,219 shares of the company’s stock after purchasing an additional 16,737 shares during the quarter. Brookstone Capital Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,587,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHY. NewEdge Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after acquiring an additional 916 shares during the last quarter. Squarepoint Ops LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 103.3% in the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after purchasing an additional 7,731 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $70,000. NCM Capital Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 6.7% during the 2nd quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after purchasing an additional 603 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 2.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock worth $2,712,000 after purchasing an additional 919 shares during the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1%

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.91 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.86 and a 12-month high of $83.20. The firm has a market capitalization of $25.08 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s 50 day simple moving average is $82.22 and its two-hundred day simple moving average is $82.57.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.2429 per share. The ex-dividend date was Monday, June 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a dividend yield of 3.6%.

iShares 1-3 Year Treasury Bond ETF Company 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.