Horizon Family Wealth Inc. Raises Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Horizon Family Wealth Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.8% during the first quarter, according to its most recent filing with the SEC. The fund owned 5,768 shares of the company’s stock after buying an additional 993 shares during the quarter. Horizon Family Wealth Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $477,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Alliancebernstein L.P. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 4.7% during the fourth quarter. Alliancebernstein L.P. now owns 370,715 shares of the company’s stock valued at $30,391,000 after purchasing an additional 16,742 shares during the last quarter. Franklin Resources Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 7.1% during the fourth quarter. Franklin Resources Inc. now owns 44,079 shares of the company’s stock valued at $3,614,000 after purchasing an additional 2,919 shares during the last quarter. National Bank of Canada FI lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 18.5% during the fourth quarter. National Bank of Canada FI now owns 79,320 shares of the company’s stock valued at $6,503,000 after purchasing an additional 12,376 shares during the last quarter. Prudential PLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $295,000. Finally, Waterloo Capital L.P. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $1,100,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

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

Shares of SHY opened at $82.68 on Tuesday. The business’s 50-day moving average price is $82.50 and its 200-day moving average price is $82.45. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.67 and a twelve month high of $83.30. The stock has a market cap of $23.38 billion, a PE ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, August 6th. Investors of record on Friday, August 1st will be paid a $0.2698 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Friday, August 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.