iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Position Boosted by Hollow Brook Wealth Management LLC

Hollow Brook Wealth Management LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.8% in the third quarter, HoldingsChannel reports. The fund owned 32,249 shares of the company’s stock after buying an additional 4,406 shares during the period. Hollow Brook Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,682,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. WestEnd Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $30,000. Financial Connections Group Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $31,000. Global Trust Asset Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $68,000. Rational Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $67,000. Finally, Creative Financial Designs Inc. ADV lifted its stake in iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares during the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.99 on Monday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The firm’s 50 day moving average price is $82.42 and its two-hundred day moving average price is $82.21. The firm has a market cap of $22.49 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.2831 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.