iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Financial Management Professionals Inc.

Financial Management Professionals Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.3% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 12,794 shares of the company’s stock after buying an additional 1,694 shares during the period. Financial Management Professionals Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,046,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Future Financial Wealth Managment LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $36,000. Mather Group LLC. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $39,000. Fortitude Family Office LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $45,000. Cedar Mountain Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $55,000. Finally, Vestor Capital LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 28.8% in the 4th quarter. Vestor Capital LLC now owns 684 shares of the company’s stock valued at $56,000 after purchasing an additional 153 shares during the last quarter. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $81.65 on Friday. The business has a fifty day moving average price of $81.40 and a 200 day moving average price of $81.63. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.39. The company has a market cap of $24.53 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were paid a $0.2621 dividend. This represents a $3.15 dividend on an annualized basis and a dividend yield of 3.85%. The ex-dividend date of this dividend was Monday, June 3rd.

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.