Brookstone Capital Management Sells 3,573 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Brookstone Capital Management decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 115,710 shares of the company’s stock after selling 3,573 shares during the period. Brookstone Capital Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,588,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. DMC Group LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.7% in the first quarter. DMC Group LLC now owns 7,417 shares of the company’s stock valued at $614,000 after acquiring an additional 122 shares during the last quarter. CNB Bank boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 6.6% in the first quarter. CNB Bank now owns 2,018 shares of the company’s stock valued at $167,000 after acquiring an additional 125 shares during the last quarter. Apollon Wealth Management LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.6% in the first quarter. Apollon Wealth Management LLC now owns 21,474 shares of the company’s stock valued at $1,777,000 after acquiring an additional 125 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after acquiring an additional 125 shares during the last quarter. Finally, Robinson Value Management Ltd. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% in the first quarter. Robinson Value Management Ltd. now owns 18,177 shares of the company’s stock valued at $1,504,000 after acquiring an additional 128 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $83.12 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.67 and a 12-month high of $83.14. The stock has a market cap of $24.29 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01. The business’s 50-day simple moving average is $82.89 and its 200 day simple moving average is $82.67.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.2563 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.