Salomon & Ludwin LLC Buys 13,622 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Salomon & Ludwin LLC increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 134,880 shares of the company’s stock after purchasing an additional 13,622 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 1.1% of Salomon & Ludwin LLC’s holdings, making the stock its 28th biggest holding. Salomon & Ludwin LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $11,133,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after purchasing an additional 125 shares during the period. WestEnd Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth $35,000. CENTRAL TRUST Co increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 575.4% in the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock worth $36,000 after purchasing an additional 374 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth $39,000. Finally, Flaharty Asset Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth $40,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $83.08 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.67 and a 52 week high of $83.13. The stock has a market capitalization of $24.34 billion, a P/E ratio of 3,747.73 and a beta of 0.01. The stock’s fifty day moving average is $82.87 and its 200 day moving average is $82.66.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid 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%.

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.