Brookstone Capital Management cut its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 35.0% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 130,300 shares of the company’s stock after selling 70,245 shares during the quarter. Brookstone Capital Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,685,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Rovin Capital UT ADV bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $2,605,000. Stanley Laman Group Ltd. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $275,000. TriaGen Wealth Management LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% during the 2nd quarter. TriaGen Wealth Management LLC now owns 16,709 shares of the company’s stock worth $1,364,000 after buying an additional 878 shares in the last quarter. Miracle Mile Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 67.5% during the 2nd quarter. Miracle Mile Advisors LLC now owns 4,801 shares of the company’s stock worth $392,000 after buying an additional 1,935 shares in the last quarter. Finally, Midwest Heritage Bank FSB raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 7.5% during the 2nd quarter. Midwest Heritage Bank FSB now owns 67,991 shares of the company’s stock worth $5,551,000 after buying an additional 4,769 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors.
iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %
SHY stock opened at $82.54 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.62 and a 52 week high of $82.91. The company has a market capitalization of $24.48 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The firm’s 50-day moving average is $81.93 and its two-hundred day moving average is $81.65.
iShares 1-3 Year Treasury Bond ETF Increases Dividend
The business also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were given a dividend of $0.2725 per share. This represents a $3.27 dividend on an annualized basis and a dividend yield of 3.96%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Thursday, August 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.
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