Mattern Capital Management LLC Buys 10,584 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Mattern Capital Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 64.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,929 shares of the company’s stock after purchasing an additional 10,584 shares during the period. Mattern Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,234,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SHY. Hantz Financial Services Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $25,000. Delos Wealth Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $29,000. Howe & Rusling Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after acquiring an additional 361 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in iShares 1-3 Year Treasury Bond ETF by 45.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after purchasing an additional 125 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $39,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.82 on Friday. The stock has a 50-day moving average price of $82.87 and a two-hundred day moving average price of $82.79. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.81 and a 12 month high of $83.14. The company has a market capitalization of $23.91 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.2548 per share. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a yield of 3.7%.

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.