Lee Financial Co Buys New Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Lee Financial Co bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 9,661 shares of the company’s stock, valued at approximately $784,000.

A number of other large investors have also made changes to their positions in SHY. Tower View Wealth Management LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 11.4% during the first quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock worth $106,000 after buying an additional 132 shares in the last quarter. Cahaba Wealth Management Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 0.5% during the first quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock worth $2,072,000 after buying an additional 133 shares during the last quarter. TD Waterhouse Canada Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% during the second quarter. TD Waterhouse Canada Inc. now owns 19,766 shares of the company’s stock worth $1,618,000 after buying an additional 141 shares during the last quarter. Christensen King & Associates Investment Services Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 0.5% during the first quarter. Christensen King & Associates Investment Services Inc. now owns 29,080 shares of the company’s stock worth $2,401,000 after buying an additional 153 shares during the last quarter. Finally, Centaurus Financial Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 6.8% in the 1st quarter. Centaurus Financial Inc. now owns 2,604 shares of the company’s stock valued at $215,000 after buying an additional 165 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of SHY opened at $81.36 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.95 and a 52-week high of $83.20. The company has a market capitalization of $26.96 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock has a fifty day simple moving average of $81.52 and a two-hundred day simple moving average of $81.92.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.2410 per share. This represents a $2.89 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440.

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.