Beaumont Financial Advisors LLC Acquires 464 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Beaumont Financial Advisors LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,905 shares of the company’s stock after buying an additional 464 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $566,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SHY. Morgan Stanley raised its holdings in iShares 1-3 Year Treasury Bond ETF by 16.9% during the 4th quarter. Morgan Stanley now owns 20,028,074 shares of the company’s stock worth $1,625,679,000 after purchasing an additional 2,893,771 shares during the last quarter. BlackRock Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 20.6% during the 1st quarter. BlackRock Inc. now owns 10,877,633 shares of the company’s stock worth $893,706,000 after purchasing an additional 1,858,137 shares during the last quarter. Balentine LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 1.5% during the 3rd quarter. Balentine LLC now owns 9,242,041 shares of the company’s stock worth $748,328,000 after purchasing an additional 136,230 shares during the last quarter. Assetmark Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 601.3% during the 3rd quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock worth $637,571,000 after purchasing an additional 6,751,373 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 20.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock worth $447,882,000 after purchasing an additional 939,567 shares during the last quarter. 23.62% of the stock is owned by institutional investors.

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

Shares of NASDAQ:SHY opened at $81.17 on Friday. The stock has a market capitalization of $24.58 billion, a P/E ratio of 3,690.68 and a beta of 0.02. The business has a 50-day moving average price of $81.55 and a two-hundred day moving average price of $81.55. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.55 and a 1-year high of $82.60.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.2705 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.25 dividend on an annualized basis and a dividend yield of 4.00%.

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.