Benjamin Edwards Inc. Buys 829 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Benjamin Edwards Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 56.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,295 shares of the company’s stock after purchasing an additional 829 shares during the period. Benjamin Edwards Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $188,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Balentine LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.5% during the 3rd quarter. Balentine LLC now owns 9,242,041 shares of the company’s stock valued at $748,328,000 after buying an additional 136,230 shares during the period. Assetmark Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 601.3% in the third quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock valued at $637,571,000 after acquiring an additional 6,751,373 shares during the period. Charles Schwab Investment Management Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 20.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock worth $447,882,000 after purchasing an additional 939,567 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 7.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 5,114,732 shares of the company’s stock valued at $414,140,000 after purchasing an additional 350,025 shares during the period. Finally, Cornell University purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $35,212,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY traded up $0.13 during trading on Friday, hitting $81.30. The company’s stock had a trading volume of 4,960,204 shares, compared to its average volume of 4,570,730. The firm has a market cap of $24.42 billion, a price-to-earnings ratio of 3,690.68 and a beta of 0.01. The company has a 50-day moving average of $81.47 and a 200-day moving average of $81.56. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.60.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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

About iShares 1-3 Year Treasury Bond ETF

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.