10,722 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Bought by Freedom Day Solutions LLC

Freedom Day Solutions LLC bought a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 10,722 shares of the company’s stock, valued at approximately $871,000.

A number of other hedge funds also recently added to or reduced their stakes in SHY. Tower View Wealth Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11.4% in the first quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock valued at $106,000 after purchasing an additional 132 shares during the period. Cahaba Wealth Management Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.5% during the first quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock worth $2,072,000 after buying an additional 133 shares during the period. TD Waterhouse Canada Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 19,766 shares of the company’s stock worth $1,618,000 after buying an additional 141 shares in the last quarter. Christensen King & Associates Investment Services Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.5% in the 1st quarter. Christensen King & Associates Investment Services Inc. now owns 29,080 shares of the company’s stock worth $2,401,000 after buying an additional 153 shares in the last quarter. Finally, Centaurus Financial Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 6.8% in the 1st quarter. Centaurus Financial Inc. now owns 2,604 shares of the company’s stock worth $215,000 after buying an additional 165 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1%

Shares of NASDAQ SHY opened at $81.31 on Tuesday. The stock has a market cap of $26.95 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm’s 50-day simple moving average is $81.51 and its 200 day simple moving average is $81.91. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.95 and a fifty-two week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were paid a dividend of $0.2410 per share. This is a decrease from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.89 dividend on an annualized basis and a dividend yield of 3.6%.

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.