443,597 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Purchased by Mader & Shannon Wealth Management Inc.

Mader & Shannon Wealth Management Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 443,597 shares of the company’s stock, valued at approximately $36,756,000. iShares 1-3 Year Treasury Bond ETF makes up 20.0% of Mader & Shannon Wealth Management Inc.’s holdings, making the stock its largest position. Mader & Shannon Wealth Management Inc. owned 0.16% of iShares 1-3 Year Treasury Bond ETF at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SHY. MassMutual Private Wealth & Trust FSB increased its stake in iShares 1-3 Year Treasury Bond ETF by 45.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after buying an additional 125 shares in the last quarter. WestEnd Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $35,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $39,000. Flaharty Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $40,000. Finally, Garrison Bradford & Associates Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $41,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ:SHY opened at $83.06 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.67 and a 12 month high of $83.14. The stock has a 50 day moving average of $82.90 and a two-hundred day moving average of $82.67. The firm has a market cap of $24.27 billion, a P/E ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.2563 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Wednesday, October 1st.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Receive News & Ratings for iShares 1-3 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 1-3 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.