GUNN & Co INVESTMENT MANAGEMENT INC. Buys Shares of 4,593 iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

GUNN & Co INVESTMENT MANAGEMENT INC. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,593 shares of the company’s stock, valued at approximately $377,000.

A number of other hedge funds also recently modified their holdings of SHY. Fortitude Family Office LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $45,000. Cedar Mountain Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $55,000. Financial Gravity Asset Management Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 771.6% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after purchasing an additional 625 shares during the period. Halpern Financial Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $62,000. Finally, Salem Investment Counselors Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 79.0% in the 4th quarter. Salem Investment Counselors Inc. now owns 768 shares of the company’s stock valued at $63,000 after purchasing an additional 339 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $81.30 on Monday. The business’s 50-day moving average price is $81.46 and its two-hundred day moving average price is $81.58. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.55 and a 1 year high of $82.60. The company has a market capitalization of $24.54 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.04.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be paid a $0.2616 dividend. This represents a $3.14 annualized dividend and a dividend yield of 3.86%. The ex-dividend date of this dividend is Wednesday, May 1st.

iShares 1-3 Year Treasury Bond ETF 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.