Bingham Private Wealth LLC Takes Position in iShares 1-3 Year Treasury Bond ETF $SHY

Bingham Private Wealth LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,386 shares of the company’s stock, valued at approximately $529,000.

Other hedge funds have also recently modified their holdings of the company. Harbor Investment Advisory LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 16.7% during the third quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock valued at $3,740,000 after acquiring an additional 6,436 shares in the last quarter. First Horizon Corp acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $2,116,000. Cadence Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $5,524,000. Childress Capital Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $896,000. Finally, JARISLOWSKY FRASER Ltd increased its holdings in iShares 1-3 Year Treasury Bond ETF by 66.9% in the 3rd quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock worth $3,445,000 after buying an additional 16,647 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

Shares of NASDAQ:SHY opened at $82.53 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20. The company’s 50 day moving average is $82.68 and its 200 day moving average is $82.81. The company has a market cap of $25.49 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 declared a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were issued a $0.2469 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date was Wednesday, April 1st. This represents a c) annualized dividend and a yield of 3.6%.

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.