Montag A & Associates Inc. Buys 10,576 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Montag A & Associates Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.2% during the 4th quarter, Holdings Channel reports. The fund owned 180,155 shares of the company’s stock after purchasing an additional 10,576 shares during the period. Montag A & Associates Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $14,920,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Key Financial Inc boosted its position in iShares 1-3 Year Treasury Bond ETF by 158.1% during the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after acquiring an additional 196 shares in the last quarter. Pflug Koory LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 637.8% during the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 287 shares in the last quarter. Lodestone Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Holos Integrated Wealth LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Finally, Valley National Advisers Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $33,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.3%

Shares of NASDAQ SHY opened at $82.25 on Friday. The stock has a market capitalization of $25.18 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock’s fifty day simple moving average is $82.58 and its two-hundred day simple moving average is $82.78. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $82.21 and a 12-month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st will be given a dividend of $0.2428 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Friday, May 1st.

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.