Counterweight Ventures LLC Invests $3.85 Million in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Counterweight Ventures LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 46,901 shares of the company’s stock, valued at approximately $3,848,000. iShares 1-3 Year Treasury Bond ETF accounts for approximately 3.5% of Counterweight Ventures LLC’s portfolio, making the stock its 6th largest holding.

A number of other hedge funds have also recently made changes to their positions in the business. Balentine LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 1.5% during the third quarter. Balentine LLC now owns 9,242,041 shares of the company’s stock valued at $748,328,000 after purchasing an additional 136,230 shares during the period. UBS Group AG raised its position in iShares 1-3 Year Treasury Bond ETF by 2.9% during the fourth quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock valued at $508,838,000 after purchasing an additional 177,582 shares during the period. Cornell University purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $35,212,000. Pinebridge Investments L.P. raised its position in iShares 1-3 Year Treasury Bond ETF by 7.3% during the fourth quarter. Pinebridge Investments L.P. now owns 4,093,000 shares of the company’s stock valued at $335,790,000 after purchasing an additional 280,000 shares during the period. Finally, Raymond James & Associates raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% in the fourth quarter. Raymond James & Associates now owns 2,792,956 shares of the company’s stock worth $229,134,000 after buying an additional 67,091 shares during the period. Institutional investors own 23.62% of the company’s stock.

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

Shares of NASDAQ SHY traded up $0.01 during midday trading on Friday, hitting $81.61. The company’s stock had a trading volume of 2,854,944 shares, compared to its average volume of 4,150,969. The business’s 50 day moving average is $81.31 and its two-hundred day moving average is $81.63. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.39. The firm has a market cap of $24.52 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were given a dividend of $0.2621 per share. The ex-dividend date was Monday, June 3rd. This represents a $3.15 annualized dividend and a yield of 3.85%.

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.