4,040 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Purchased by Brooklyn FI LLC

Brooklyn FI LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,040 shares of the company’s stock, valued at approximately $331,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Captrust Financial Advisors lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 72.7% in the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after buying an additional 3,563,486 shares during the period. Proficio Capital Partners LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after buying an additional 8,173,293 shares during the period. LPL Financial LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 21.8% in the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after buying an additional 1,193,337 shares during the period. Bank of Montreal Can lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.8% in the third quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after buying an additional 41,969 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $389,029,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.51 on Thursday. The firm has a 50 day moving average price of $82.20 and a 200-day moving average price of $82.32. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The firm has a market capitalization of $23.25 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2531 per share. The ex-dividend date was Monday, March 3rd.

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.