iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Broyhill Asset Management LLC

Broyhill Asset Management LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 26.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 102,717 shares of the company’s stock after acquiring an additional 21,509 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 7.5% of Broyhill Asset Management LLC’s holdings, making the stock its largest position. Broyhill Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of SHY. Captrust Financial Advisors grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% during the 3rd quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after purchasing an additional 6,281,496 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after purchasing an additional 4,206,546 shares during the period. Pinebridge Investments Asia Ltd. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $270,573,000. Mizuho Markets Cayman LP purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $121,919,000. Finally, Valpey Financial Services LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 9,080.1% in the 4th quarter. Valpey Financial Services LLC now owns 1,114,004 shares of the company’s stock worth $92,262,000 after acquiring an additional 1,101,869 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

NASDAQ SHY opened at $82.07 on Friday. The stock has a market cap of $25.13 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.86 and a fifty-two week high of $83.20. The business has a 50 day moving average price of $82.26 and a two-hundred day moving average price of $82.61.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.2429 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

About iShares 1-3 Year Treasury Bond ETF

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.