Kathleen S. Wright Associates Inc. Purchases 1,085 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Kathleen S. Wright Associates Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 13,576 shares of the company’s stock after acquiring an additional 1,085 shares during the period. Kathleen S. Wright Associates Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,113,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Logan Capital Management Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $37,000. AlphaMark Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $63,000. Global Trust Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $68,000. Creative Financial Designs Inc. ADV grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares in the last quarter. Finally, Eagle Bay Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth $76,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.4 %

Shares of SHY opened at $81.96 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The company has a market cap of $23.12 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day moving average price of $82.04 and a 200-day moving average price of $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be given a $0.2735 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend is Monday, February 3rd.

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.