Stephen J. Garry & Associates LLC Acquires 13,807 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Stephen J. Garry & Associates LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 55.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,600 shares of the company’s stock after acquiring an additional 13,807 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 2.5% of Stephen J. Garry & Associates LLC’s holdings, making the stock its 12th biggest position. Stephen J. Garry & Associates LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,134,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Mather Group LLC. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $28,000. Ashton Thomas Securities LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth $30,000. Valley National Advisers Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $32,000. Weaver Capital Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $34,000. Finally, Hughes Financial Services LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 269.4% in the third quarter. Hughes Financial Services LLC now owns 447 shares of the company’s stock valued at $36,000 after purchasing an additional 326 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $81.31 on Thursday. The company has a 50-day simple moving average of $81.35 and a 200-day simple moving average of $82.06. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.95 and a one year high of $83.20. The stock has a market capitalization of $27.44 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were issued a dividend of $0.2544 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. This represents a $3.05 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, November 2nd.

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.