9,617 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Purchased by Hunter Associates Investment Management LLC

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

A number of other large investors also recently modified their holdings of SHY. MCF Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $25,000. Holos Integrated Wealth LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $29,000. Lodestone Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $29,000. Valley National Advisers Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $33,000. Finally, Merkkuri Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth about $38,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $81.94 on Monday. The stock’s 50-day moving average price is $82.13 and its 200 day moving average price is $82.52. The firm has a market capitalization of $25.36 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.83 and a 12-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 given a dividend of $0.2383 per share. The ex-dividend date is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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.