Blalock Williams LLC Buys Shares of 6,978 iShares 1-3 Year Treasury Bond ETF $SHY

Blalock Williams LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,978 shares of the company’s stock, valued at approximately $579,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Hantz Financial Services Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $25,000. Pflug Koory LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% during the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 287 shares during the period. Delos Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $29,000. Howe & Rusling Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after acquiring an additional 361 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew 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 valued at $33,000 after acquiring an additional 125 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.87 on Thursday. The firm has a market capitalization of $23.69 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The company has a 50 day simple moving average of $82.86 and a 200-day simple moving average of $82.81. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.87 and a 52-week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.2548 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.