27,260 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Purchased by StoneX Group Inc.

StoneX Group Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 27,260 shares of the company’s stock, valued at approximately $2,213,000.

A number of other hedge funds have also recently modified their holdings of the business. Mather Group LLC. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $28,000. Ashton Thomas Securities LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth about $30,000. Valley National Advisers Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $32,000. Weaver Capital Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $34,000. Finally, Hughes Financial Services LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 269.4% during the 3rd quarter. Hughes Financial Services LLC now owns 447 shares of the company’s stock valued at $36,000 after buying an additional 326 shares in the last quarter. 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 $81.63 on Monday. The stock has a 50 day moving average of $81.38 and a 200 day moving average of $82.08. The company has a market cap of $27.55 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.95 and a 12-month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a $0.2544 dividend. This represents a $3.05 annualized dividend and a dividend yield of 3.7%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date of this dividend was Monday, November 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.