Clare Market Investments LLC Buys New Position in iShares 1-3 Year Treasury Bond ETF $SHY

Clare Market Investments LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 11,000 shares of the company’s stock, valued at approximately $913,000.

A number of other institutional investors also recently made changes to their positions in the stock. Hantz Financial Services Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $25,000. Key Financial Inc boosted its stake in iShares 1-3 Year Treasury Bond ETF by 158.1% during the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 196 shares in the last quarter. Pflug Koory LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% during the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares during the period. Delos Wealth Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth $29,000. Finally, Howe & Rusling Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after buying an additional 361 shares in the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $83.18 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.21 and a 52 week high of $83.20. The stock has a market cap of $24.31 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company’s 50-day moving average price is $82.88 and its two-hundred day moving average price is $82.89.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.25 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, February 2nd.

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.