7,995 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Purchased by Lexington Hill Partners LLC

Lexington Hill Partners LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,995 shares of the company’s stock, valued at approximately $662,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SHY. MCF Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $25,000. Lodestone Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $29,000. Holos Integrated Wealth LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $29,000. Valley National Advisers Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $33,000. Finally, Accredited Wealth Management LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% during the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after purchasing an additional 150 shares during the period. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $81.99 on Friday. The company’s fifty day moving average is $82.24 and its two-hundred day moving average is $82.58. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.86 and a 1-year high of $83.20. The stock has a market capitalization of $25.11 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.2429 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.