Brady Family Wealth LLC Has $4.61 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Brady Family Wealth LLC boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,675 shares of the company’s stock after acquiring an additional 1,448 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 1.5% of Brady Family Wealth LLC’s portfolio, making the stock its 26th largest position. Brady Family Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,606,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SHY. Accredited Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $25,000. Godsey & Gibb Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth $26,000. Van ECK Associates Corp increased its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after purchasing an additional 187 shares during the last quarter. Millstone Evans Group LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $32,000. Finally, Carolinas Wealth Consulting LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 162.2% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock valued at $34,000 after buying an additional 253 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of SHY opened at $82.48 on Friday. The stock has a market cap of $24.22 billion, a P/E ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.29 and a 1 year high of $83.30. The stock’s 50-day moving average price is $82.53 and its two-hundred day moving average price is $82.32.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a dividend of $0.2718 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date was Monday, June 2nd. This represents a $3.26 annualized dividend and a yield of 3.95%.

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.