7,489 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Bought by Waystone Advisors LLC

Waystone Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, Holdings Channel.com reports. The fund purchased 7,489 shares of the company’s stock, valued at approximately $620,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SHY. Key Financial Inc lifted its stake in iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after acquiring an additional 196 shares during the period. Holos Integrated Wealth LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $29,000. Lodestone Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $29,000. Valley National Advisers Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $33,000. Finally, Accredited Wealth Management LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 50.0% in the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after acquiring an additional 150 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0%

Shares of SHY stock opened at $82.22 on Thursday. The stock has a fifty day moving average of $82.36 and a 200 day moving average of $82.68. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.00 and a 52 week high of $83.20. The firm has a market capitalization of $25.18 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.2428 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.