Clare Market Investments LLC Buys Shares of 11,001 iShares 1-3 Year Treasury Bond ETF $SHY

Clare Market Investments LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,001 shares of the company’s stock, valued at approximately $908,000.

Other large investors also recently modified their holdings of the company. MCF Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $25,000. Whittier Trust Co. of Nevada Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after buying an additional 249 shares during the period. Lodestone Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $29,000. Holos Integrated Wealth LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Finally, Valley National Advisers Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.95 on Tuesday. The stock has a market capitalization of $25.36 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.83 and a 52-week high of $83.20. The stock’s 50-day simple moving average is $82.13 and its 200 day simple moving average is $82.52.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be given a $0.2383 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

iShares 1-3 Year Treasury Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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