iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is Clarity Financial LLC’s 3rd Largest Position

Clarity Financial LLC raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 26.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 711,284 shares of the company’s stock after acquiring an additional 147,901 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 6.9% of Clarity Financial LLC’s investment portfolio, making the stock its 3rd largest position. Clarity Financial LLC owned approximately 0.26% of iShares 1-3 Year Treasury Bond ETF worth $59,143,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. WestEnd Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $30,000. Financial Connections Group Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $31,000. Rational Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $67,000. Global Trust Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $68,000. Finally, Creative Financial Designs Inc. ADV increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares during the last quarter. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.11 on Tuesday. The firm’s fifty day moving average price is $82.75 and its 200 day moving average price is $82.10. The company has a market capitalization of $22.18 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be paid a dividend of $0.2831 per share. The ex-dividend date is Friday, November 1st. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly 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.