Brighton Jones LLC Takes Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Brighton Jones LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, Holdings Channel.com reports. The firm acquired 3,291 shares of the company’s stock, valued at approximately $270,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Fortitude Family Office LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $45,000. Cedar Mountain Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $55,000. Financial Gravity Asset Management Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 771.6% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock worth $57,000 after buying an additional 625 shares during the last quarter. Halpern Financial Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $62,000. Finally, Ritter Daniher Financial Advisory LLC DE increased its position in iShares 1-3 Year Treasury Bond ETF by 28.8% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 773 shares of the company’s stock worth $63,000 after buying an additional 173 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $81.30 on Friday. The firm has a fifty day moving average of $81.47 and a 200-day moving average of $81.56. The company has a market cap of $24.65 billion, a price-to-earnings ratio of 3,690.68 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.55 and a 1 year high of $82.60.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be paid a dividend of $0.2616 per share. This represents a $3.14 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date of this dividend is Wednesday, May 1st.

iShares 1-3 Year Treasury Bond ETF 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.