GEN Financial Management INC. Makes New Investment in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

GEN Financial Management INC. bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,569 shares of the company’s stock, valued at approximately $1,194,000. iShares 1-3 Year Treasury Bond ETF comprises approximately 0.8% of GEN Financial Management INC.’s portfolio, making the stock its 15th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. School Employees Retirement Board of Ohio bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $10,123,000. Eagle Asset Management Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 17.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after buying an additional 1,938 shares during the period. Zhang Financial LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 17.1% in the 4th quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock valued at $1,041,000 after buying an additional 1,859 shares in the last quarter. Purus Wealth Management LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 8.6% during the 4th quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock valued at $546,000 after acquiring an additional 530 shares during the period. Finally, Valeo Financial Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 20.7% during the third quarter. Valeo Financial Advisors LLC now owns 7,713 shares of the company’s stock worth $641,000 after acquiring an additional 1,323 shares in the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.96 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The firm has a market capitalization of $23.12 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business has a fifty day moving average price of $82.04 and a 200-day moving average price of $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.2735 per share. The ex-dividend date is Monday, February 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.