Natixis Purchases New Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Natixis purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 1st quarter, Holdings Channel reports. The fund purchased 56,197 shares of the company’s stock, valued at approximately $4,596,000.

Several other hedge funds also recently bought and sold shares of SHY. Premier Path Wealth Partners LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $170,000. Salem Investment Counselors Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 79.0% during the 4th quarter. Salem Investment Counselors Inc. now owns 768 shares of the company’s stock worth $63,000 after acquiring an additional 339 shares in the last quarter. Fiduciary Alliance LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $222,000. Gemmer Asset Management LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% during the 4th quarter. Gemmer Asset Management LLC now owns 95,786 shares of the company’s stock worth $7,858,000 after acquiring an additional 729 shares in the last quarter. Finally, Patriot Investment Management Group Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 31.4% during the 4th quarter. Patriot Investment Management Group Inc. now owns 82,620 shares of the company’s stock worth $6,778,000 after acquiring an additional 19,757 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 Stock Up 0.1 %

Shares of NASDAQ:SHY opened at $82.13 on Friday. The business has a 50 day moving average price of $81.59 and a 200 day moving average price of $81.62. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.62 and a twelve month high of $82.39. The company has a market cap of $24.16 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a $0.2704 dividend. The ex-dividend date was Monday, July 1st. This represents a $3.24 annualized dividend and a yield of 3.95%.

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.