Maseco LLP Invests $656,000 in iShares 1-3 Year Treasury Bond ETF $SHY

Maseco LLP purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, HoldingsChannel reports. The firm purchased 7,922 shares of the company’s stock, valued at approximately $656,000.

A number of other hedge funds have also modified their holdings of SHY. Flow Traders U.S. LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $731,000. NewEdge Advisors LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock valued at $10,916,000 after acquiring an additional 916 shares during the period. Investment House LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 16.3% during the 2nd quarter. Investment House LLC now owns 45,539 shares of the company’s stock valued at $3,773,000 after acquiring an additional 6,392 shares during the period. Becker Capital Management Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Becker Capital Management Inc. now owns 49,641 shares of the company’s stock valued at $4,113,000 after acquiring an additional 2,383 shares during the period. Finally, Squarepoint Ops LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 103.3% during the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after acquiring an additional 7,731 shares during the period. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.42 on Thursday. The business has a 50-day moving average of $82.71 and a 200 day moving average of $82.82. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.21 and a 12 month high of $83.20. The stock has a market capitalization of $25.07 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 company also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were issued a dividend of $0.2469 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.