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

Brooklyn FI LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 4,040 shares of the company’s stock, valued at approximately $331,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Compass Ion Advisors LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 9.9% in the 4th quarter. Compass Ion Advisors LLC now owns 10,807 shares of the company’s stock worth $886,000 after acquiring an additional 971 shares during the last quarter. Evoke Wealth LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 49.9% in the 4th quarter. Evoke Wealth LLC now owns 4,069 shares of the company’s stock worth $334,000 after purchasing an additional 1,355 shares during the period. Argent Advisors Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 2.0% in the 4th quarter. Argent Advisors Inc. now owns 141,815 shares of the company’s stock worth $11,626,000 after purchasing an additional 2,740 shares during the period. Parallel Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 3.0% in the 4th quarter. Parallel Advisors LLC now owns 48,127 shares of the company’s stock worth $3,945,000 after purchasing an additional 1,416 shares during the period. Finally, GWN Securities Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $832,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

NASDAQ:SHY opened at $82.51 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The company has a market cap of $23.25 billion, a PE ratio of 3,745.00 and a beta of 0.01. The company has a 50 day simple moving average of $82.20 and a two-hundred day simple moving average of $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.2531 dividend. The ex-dividend date of this dividend 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.