GUNN & Co INVESTMENT MANAGEMENT INC. Purchases Shares of 4,593 iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

GUNN & Co INVESTMENT MANAGEMENT INC. purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 4,593 shares of the company’s stock, valued at approximately $377,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of SHY. Fortitude Family Office LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $45,000. Cedar Mountain Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $55,000. Financial Gravity Asset Management Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 771.6% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after purchasing an additional 625 shares during the period. Halpern Financial Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $62,000. Finally, Ritter Daniher Financial Advisory LLC DE boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 28.8% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 773 shares of the company’s stock worth $63,000 after purchasing an additional 173 shares during the period. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.30 on Monday. The firm’s 50 day moving average price is $81.46 and its two-hundred day moving average price is $81.58. The firm has a market cap of $24.54 billion, a PE ratio of 3,695.45 and a beta of 0.04. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.55 and a twelve month high of $82.60.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be issued a dividend of $0.2616 per share. The ex-dividend date is Wednesday, May 1st. This represents a $3.14 annualized dividend 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.