Joel Isaacson & Co. LLC Purchases New Position in iShares 1-3 Year Treasury Bond ETF $SHY

Joel Isaacson & Co. LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 5,072 shares of the company’s stock, valued at approximately $420,000.

A number of other hedge funds also recently bought and sold shares of SHY. Kingstone Capital Partners Texas LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 593,415.6% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 45,617,609 shares of the company’s stock valued at $3,728,910,000 after acquiring an additional 45,609,923 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its position in iShares 1-3 Year Treasury Bond ETF by 8,173.0% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,563,762 shares of the company’s stock valued at $129,370,000 after acquiring an additional 1,544,860 shares in the last quarter. Advisors Preferred LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 460.7% during the 1st quarter. Advisors Preferred LLC now owns 1,240,581 shares of the company’s stock valued at $102,323,000 after acquiring an additional 1,019,314 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in iShares 1-3 Year Treasury Bond ETF by 2,745.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 873,709 shares of the company’s stock valued at $72,282,000 after acquiring an additional 843,003 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 13.8% during the 1st quarter. Ameriprise Financial Inc. now owns 4,043,180 shares of the company’s stock valued at $334,519,000 after acquiring an additional 490,469 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.81 on Wednesday. The stock’s 50 day simple moving average is $82.81 and its two-hundred day simple moving average is $82.64. The stock has a market cap of $23.98 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.12.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.