iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Raised by Leuthold Group LLC

Leuthold Group LLC increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 143,232 shares of the company’s stock after acquiring an additional 4,128 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up 1.3% of Leuthold Group LLC’s holdings, making the stock its 16th largest holding. Leuthold Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $11,714,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of SHY. Barrett & Company Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 1.4% during the fourth quarter. Barrett & Company Inc. now owns 9,375 shares of the company’s stock valued at $769,000 after buying an additional 125 shares in the last quarter. Advanced Asset Management Advisors Inc boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.5% in the 4th quarter. Advanced Asset Management Advisors Inc now owns 8,627 shares of the company’s stock worth $708,000 after purchasing an additional 128 shares during the period. Verdence Capital Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 2.7% during the 4th quarter. Verdence Capital Advisors LLC now owns 5,043 shares of the company’s stock worth $414,000 after purchasing an additional 133 shares in the last quarter. SWP Financial LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 3.4% during the 1st quarter. SWP Financial LLC now owns 4,264 shares of the company’s stock valued at $349,000 after purchasing an additional 142 shares during the period. Finally, EP Wealth Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.1% in the fourth quarter. EP Wealth Advisors LLC now owns 1,939 shares of the company’s stock valued at $159,000 after purchasing an additional 145 shares in the last quarter. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock traded up $0.07 during trading hours on Friday, hitting $81.91. The company had a trading volume of 1,287,269 shares, compared to its average volume of 3,961,170. The firm’s fifty day moving average is $81.46 and its 200-day moving average is $81.62. The firm has a market capitalization of $24.07 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.62 and a fifty-two week high of $82.39.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were issued a $0.2704 dividend. This represents a $3.24 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend was Monday, July 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.