Buckhead Capital Management LLC Acquires 6,572 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Buckhead Capital Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,572 shares of the company’s stock, valued at approximately $534,000.

Several other large investors also recently modified their holdings of SHY. StoneX Group Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth $2,213,000. Axiom Investment Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $81,000. Balentine LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $50,000. Formidable Asset Management LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 1.1% during the third quarter. Formidable Asset Management LLC now owns 18,276 shares of the company’s stock worth $1,501,000 after purchasing an additional 200 shares during the period. Finally, AlphaCentric Advisors LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 409.6% during the third quarter. AlphaCentric Advisors LLC now owns 66,011 shares of the company’s stock worth $5,360,000 after purchasing an additional 53,057 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

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

SHY opened at $81.63 on Friday. The stock has a market capitalization of $27.55 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.95 and a twelve month high of $83.20. The company has a 50-day simple moving average of $81.38 and a 200 day simple moving average of $82.08.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a $0.2544 dividend. This represents a $3.05 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, November 2nd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410.

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.