Foundry Financial Group Inc. Grows Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Foundry Financial Group Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 21.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,604 shares of the company’s stock after purchasing an additional 2,049 shares during the period. Foundry Financial Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $951,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Center For Asset Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 5.8% in the 4th quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after purchasing an additional 145 shares in the last quarter. Redhawk Wealth Advisors Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 2.1% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after purchasing an additional 147 shares in the last quarter. Acorn Wealth Advisors LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after purchasing an additional 152 shares in the last quarter. Rehmann Capital Advisory Group increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.6% in the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after purchasing an additional 152 shares in the last quarter. Finally, D.A. Davidson & CO. increased its stake in iShares 1-3 Year Treasury Bond ETF by 1.6% in the 3rd quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock valued at $818,000 after purchasing an additional 153 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.39 on Friday. The stock has a fifty day moving average of $82.11 and a two-hundred day moving average of $82.34. The company has a market capitalization of $23.22 billion, a price-to-earnings ratio of 3,755.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2531 per share. The ex-dividend date was Monday, March 3rd.

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.