Inscription Capital LLC Takes Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Inscription Capital LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, Holdings Channel reports. The fund bought 9,557 shares of the company’s stock, valued at approximately $782,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Accredited Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $25,000. Godsey & Gibb Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $26,000. Van ECK Associates Corp boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after acquiring an additional 187 shares in the last quarter. Millstone Evans Group LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $32,000. Finally, Carolinas Wealth Consulting LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 162.2% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock valued at $34,000 after acquiring an additional 253 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0%

Shares of NASDAQ:SHY opened at $82.44 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.29 and a twelve month high of $83.30. The stock’s 50 day moving average is $82.53 and its 200-day moving average is $82.32. The firm has a market capitalization of $24.21 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.2718 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a $3.26 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date of this dividend was Monday, June 2nd.

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.