SevenBridge Financial Group LLC Buys 35,502 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

SevenBridge Financial Group LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 28.8% in the third quarter, Holdings Channel reports. The firm owned 158,732 shares of the company’s stock after purchasing an additional 35,502 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for about 2.3% of SevenBridge Financial Group LLC’s investment portfolio, making the stock its 7th largest position. SevenBridge Financial Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $13,018,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SHY. WestEnd Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $30,000. Financial Connections Group Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $31,000. Rational Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $67,000. Global Trust Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $68,000. Finally, Creative Financial Designs Inc. ADV boosted its stake in iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after buying an additional 167 shares in the last quarter. Institutional investors own 23.62% of the company’s stock.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.01 on Friday. The stock has a market cap of $22.15 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The business’s 50-day moving average price is $82.51 and its two-hundred day moving average price is $82.17.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.2831 per share. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Friday, November 1st.

iShares 1-3 Year Treasury Bond ETF Company 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.