Boston Financial Mangement LLC Purchases 39,976 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Boston Financial Mangement LLC raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 36.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 149,693 shares of the company’s stock after acquiring an additional 39,976 shares during the quarter. Boston Financial Mangement LLC owned approximately 0.05% of iShares 1-3 Year Treasury Bond ETF worth $12,272,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Private Advisor Group LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 85.0% in the fourth quarter. Private Advisor Group LLC now owns 639,911 shares of the company’s stock worth $52,460,000 after acquiring an additional 294,009 shares during the period. Strata Wealth Advisors LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.9% in the 4th quarter. Strata Wealth Advisors LLC now owns 41,470 shares of the company’s stock worth $3,400,000 after purchasing an additional 365 shares in the last quarter. Pasadena Private Wealth LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% in the 4th quarter. Pasadena Private Wealth LLC now owns 5,730 shares of the company’s stock worth $470,000 after purchasing an additional 300 shares in the last quarter. Financial Management Network Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 80.2% in the 4th quarter. Financial Management Network Inc. now owns 31,881 shares of the company’s stock worth $2,613,000 after purchasing an additional 14,189 shares during the period. Finally, Global Retirement Partners LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 1.6% during the fourth quarter. Global Retirement Partners LLC now owns 40,028 shares of the company’s stock valued at $3,282,000 after purchasing an additional 615 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

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

Shares of SHY opened at $82.09 on Thursday. The business has a 50-day simple moving average of $82.00 and a two-hundred day simple moving average of $82.35. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The stock has a market cap of $23.13 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 company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.2735 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 3rd.

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.