Brighton Jones LLC Acquires New Position in iShares 1-3 Year Treasury Bond ETF $SHY

Brighton Jones LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,820 shares of the company’s stock, valued at approximately $317,000.

Several other hedge funds also recently made changes to their positions in SHY. Golden State Wealth Management LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 176.5% during the first quarter. Golden State Wealth Management LLC now owns 1,023 shares of the company’s stock worth $85,000 after purchasing an additional 653 shares during the last quarter. Keybank National Association OH grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 13.1% during the 1st quarter. Keybank National Association OH now owns 337,405 shares of the company’s stock valued at $27,914,000 after buying an additional 39,004 shares during the last quarter. Private Trust Co. NA raised its stake in iShares 1-3 Year Treasury Bond ETF by 21.5% during the first quarter. Private Trust Co. NA now owns 10,679 shares of the company’s stock worth $883,000 after acquiring an additional 1,887 shares during the period. Strategic Financial Concepts LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.4% in the first quarter. Strategic Financial Concepts LLC now owns 15,561 shares of the company’s stock worth $1,287,000 after acquiring an additional 365 shares during the last quarter. Finally, Axis Wealth Partners LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 190.5% in the first quarter. Axis Wealth Partners LLC now owns 13,885 shares of the company’s stock worth $1,149,000 after acquiring an additional 9,106 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

NASDAQ:SHY opened at $82.95 on Friday. The firm has a market capitalization of $24.29 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.67 and a 52 week high of $83.14. The stock has a 50 day moving average of $82.93 and a 200-day moving average of $82.69.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a $0.2563 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.7%.

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.