iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Purchased by Ballast Inc.

Posted by Teresa Graham on Mar 29th, 2024

Ballast Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 171,834 shares of the company’s stock after buying an additional 2,302 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 4.9% of Ballast Inc.’s investment portfolio, making the stock its 4th biggest position. Ballast Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $14,097,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Good Life Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $561,000. Verum Partners LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.1% in the 4th quarter. Verum Partners LLC now owns 26,116 shares of the company’s stock worth $2,143,000 after buying an additional 282 shares during the last quarter. A. D. Beadell Investment Counsel Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 14.0% in the 4th quarter. A. D. Beadell Investment Counsel Inc. now owns 4,099 shares of the company’s stock valued at $336,000 after buying an additional 503 shares during the period. Well Done LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $1,462,000. Finally, IFG Advisory LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 45.6% during the 4th quarter. IFG Advisory LLC now owns 15,913 shares of the company’s stock worth $1,306,000 after acquiring an additional 4,980 shares during the period. Hedge funds and other institutional investors own 18.38% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $81.78 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.55 and a 1 year high of $82.61. The company’s 50 day simple moving average is $81.79 and its 200 day simple moving average is $81.50.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were given a $0.2405 dividend. This represents a $2.89 annualized dividend and a dividend yield of 3.53%. The ex-dividend date of this dividend was Friday, March 1st.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.