iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is Clarity Financial LLC’s 3rd Largest Position

Clarity Financial LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 26.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 711,284 shares of the company’s stock after buying an additional 147,901 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for approximately 6.9% of Clarity Financial LLC’s holdings, making the stock its 3rd largest position. Clarity Financial LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $59,143,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Patriot Financial Group Insurance Agency LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.0% during the second quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock worth $225,000 after purchasing an additional 131 shares during the period. Patton Fund Management Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 1.8% in the 2nd quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock valued at $634,000 after buying an additional 140 shares in the last quarter. SPC Financial Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 2.3% in the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after buying an additional 140 shares in the last quarter. Secure Asset Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 2.0% in the 2nd quarter. Secure Asset Management LLC now owns 7,528 shares of the company’s stock valued at $615,000 after buying an additional 148 shares in the last quarter. Finally, Aveo Capital Partners LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 1.0% in the 2nd quarter. Aveo Capital Partners LLC now owns 15,054 shares of the company’s stock valued at $1,229,000 after buying an additional 148 shares in the last quarter. 23.62% of the stock is owned by institutional investors and hedge funds.

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

NASDAQ:SHY opened at $82.11 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The company has a 50-day moving average of $82.75 and a 200-day moving average of $82.10. The firm has a market cap of $22.18 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 firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be given a dividend of $0.2831 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend is Friday, November 1st. This represents a $3.40 annualized dividend and a dividend yield of 4.14%.

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.