7,929 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Acquired by Peddock Capital Advisors LLC

Peddock Capital Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the third quarter, according to its most recent filing with the SEC. The firm bought 7,929 shares of the company’s stock, valued at approximately $644,000.

Other large investors also recently bought and sold shares of the company. ARS Wealth Advisors Group LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 30.6% in the third quarter. ARS Wealth Advisors Group LLC now owns 67,225 shares of the company’s stock worth $5,459,000 after buying an additional 15,748 shares during the last quarter. Banque Pictet & Cie SA purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $368,000. Aerodigm Wealth LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $337,000. Aspiriant LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $3,188,000. Finally, Goelzer Investment Management Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $1,593,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock traded up $0.07 during midday trading on Friday, reaching $81.36. The stock had a trading volume of 3,277,864 shares, compared to its average volume of 4,272,240. The stock has a market cap of $26.93 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm has a fifty day simple moving average of $81.52 and a two-hundred day simple moving average of $81.92. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.95 and a 52-week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.2410 dividend. The ex-dividend date was Thursday, October 1st. This is a negative change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. This represents a $2.89 annualized dividend and a dividend 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.