iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Position Raised by Ballast Inc.

Ballast Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 171,834 shares of the company’s stock after acquiring an additional 2,302 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 4.9% of Ballast Inc.’s holdings, making the stock its 4th biggest position. Ballast Inc. owned approximately 0.06% of iShares 1-3 Year Treasury Bond ETF worth $14,097,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Stelac Advisory Services LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at about $195,000. Vontobel Holding Ltd. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 17.1% during the first quarter. Vontobel Holding Ltd. now owns 10,829 shares of the company’s stock valued at $902,000 after buying an additional 1,579 shares during the last quarter. Allianz Asset Management GmbH purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $20,110,000. Brighton Jones LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 37.2% in the first quarter. Brighton Jones LLC now owns 3,387 shares of the company’s stock worth $282,000 after acquiring an additional 918 shares during the period. Finally, Covestor Ltd boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 105.9% during the 1st quarter. Covestor Ltd now owns 700 shares of the company’s stock worth $58,000 after acquiring an additional 360 shares during the last quarter. Hedge funds and other institutional investors own 18.38% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $81.78 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.61. The business has a fifty day moving average price of $81.79 and a 200-day moving average price of $81.50.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were issued a $0.2405 dividend. This represents a $2.89 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend was Friday, March 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.