10,603 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Bought by Graetz Wealth LLC

Graetz Wealth LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 10,603 shares of the company’s stock, valued at approximately $878,000.

Several other hedge funds have also recently modified their holdings of SHY. Captrust Financial Advisors lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% during the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after purchasing an additional 6,281,496 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after purchasing an additional 4,206,546 shares during the period. Mizuho Markets Cayman LP acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $121,919,000. Valpey Financial Services LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 9,080.1% during the fourth quarter. Valpey Financial Services LLC now owns 1,114,004 shares of the company’s stock worth $92,262,000 after purchasing an additional 1,101,869 shares during the period. Finally, Proficio Capital Partners LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1,164.2% during the third quarter. Proficio Capital Partners LLC now owns 1,040,956 shares of the company’s stock worth $86,358,000 after purchasing an additional 958,615 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.09 on Friday. The stock has a fifty day moving average price of $82.27 and a 200 day moving average price of $82.62. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.86 and a 1-year high of $83.20. The company has a market cap of $25.14 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a $0.2429 dividend. The ex-dividend date was Monday, June 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a 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.