Hunter Associates Investment Management LLC Makes New $795,000 Investment in iShares 1-3 Year Treasury Bond ETF $SHY

Hunter Associates Investment Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 9,617 shares of the company’s stock, valued at approximately $795,000.

A number of other hedge funds have also recently added to or reduced their stakes in SHY. TruWealth Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 4.5% in the fourth quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock valued at $234,000 after acquiring an additional 121 shares during the last quarter. Bryn Mawr Trust Advisors LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 2.3% during the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after buying an additional 126 shares in the last quarter. Savant Capital LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock worth $737,000 after buying an additional 126 shares during the last quarter. Tower View Wealth Management LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11.4% during the 1st quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock worth $106,000 after acquiring an additional 132 shares in the last quarter. Finally, Clientfirst Wealth Management LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% during the 3rd quarter. Clientfirst Wealth Management LLC now owns 11,689 shares of the company’s stock valued at $970,000 after acquiring an additional 133 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $81.94 on Monday. The firm has a market cap of $25.36 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business has a 50 day moving average price of $82.13 and a 200 day moving average price of $82.52. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.83 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.