iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Bought by Independent Family Office LLC

Independent Family Office LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.0% in the third quarter, HoldingsChannel reports. The fund owned 37,549 shares of the company’s stock after buying an additional 1,100 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 1.6% of Independent Family Office LLC’s portfolio, making the stock its 14th largest position. Independent Family Office LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,122,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SHY. WestEnd Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $30,000. Financial Connections Group Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $31,000. Rational Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $67,000. Global Trust Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $68,000. Finally, Creative Financial Designs Inc. ADV raised its stake in iShares 1-3 Year Treasury Bond ETF by 23.3% in the third 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 in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY remained flat at $82.05 during mid-day trading on Tuesday. 5,102,318 shares of the company traded hands, compared to its average volume of 4,019,678. The stock has a market capitalization of $22.51 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The firm’s fifty day moving average price is $82.39 and its 200 day moving average price is $82.21. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd will be given a $0.2653 dividend. The ex-dividend date of this dividend is Monday, December 2nd.

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.