Dorsey Wright & Associates Takes $2.68 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

Dorsey Wright & Associates acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 32,405 shares of the company’s stock, valued at approximately $2,676,000.

Other hedge funds have also added to or reduced their stakes in the company. Kesler Norman & Wride LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 26.0% during the 1st quarter. Kesler Norman & Wride LLC now owns 4,434 shares of the company’s stock worth $366,000 after purchasing an additional 914 shares during the last quarter. Zhang Financial LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.3% during the 1st quarter. Zhang Financial LLC now owns 12,440 shares of the company’s stock worth $1,027,000 after buying an additional 1,063 shares during the last quarter. Advisortrust Partners LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $73,000. Assetmark Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 46.1% in the 1st quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock valued at $262,216,000 after purchasing an additional 1,002,453 shares during the period. Finally, Gerald Baker Financial Group LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at about $316,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.99 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.79 and a one year high of $83.20. The firm has a market cap of $25.66 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock’s fifty day moving average price is $82.04 and its two-hundred day moving average price is $82.46.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.2383 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Wednesday, July 1st.

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.