Brookwood Investment Group LLC Acquires 8,306 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Brookwood Investment Group LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 56.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,104 shares of the company’s stock after acquiring an additional 8,306 shares during the period. Brookwood Investment Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,914,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB boosted its stake in iShares 1-3 Year Treasury Bond ETF by 45.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after acquiring an additional 125 shares in the last quarter. WestEnd Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth about $35,000. Oliver Lagore Vanvalin Investment Group bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $39,000. Flaharty Asset Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth about $40,000. Finally, Garrison Bradford & Associates Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $41,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $83.11 on Monday. The firm’s 50 day moving average price is $82.91 and its 200-day moving average price is $82.68. The company has a market cap of $24.34 billion, a PE ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.67 and a 52-week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.2563 dividend. 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

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.