Benedict Financial Advisors Inc. Increases Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Benedict Financial Advisors Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 47.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,538 shares of the company’s stock after acquiring an additional 5,615 shares during the quarter. Benedict Financial Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,458,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Guidance Capital Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 11.8% in the second quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock valued at $280,000 after acquiring an additional 359 shares in the last quarter. Gradient Investments LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 1,316.2% in the 2nd quarter. Gradient Investments LLC now owns 963 shares of the company’s stock valued at $79,000 after acquiring an additional 895 shares during the last quarter. Oppenheimer Asset Management Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 13.4% in the second quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock worth $4,490,000 after buying an additional 6,493 shares during the last quarter. School Employees Retirement Board of Ohio acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $10,123,000. Finally, Burke & Herbert Bank & Trust Co. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $1,459,000. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

NASDAQ:SHY traded down $0.03 during trading hours on Friday, hitting $82.42. 2,453,035 shares of the stock traded hands, compared to its average volume of 4,050,041. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.80 and a fifty-two week high of $83.30. The firm has a market cap of $22.56 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The firm has a 50 day moving average price of $82.80 and a 200 day moving average price of $82.04.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.2883 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.