Ted Buchan & Co Has $11.87 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Ted Buchan & Co lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 142,780 shares of the company’s stock after buying an additional 8,555 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 5.6% of Ted Buchan & Co’s investment portfolio, making the stock its 3rd biggest holding. Ted Buchan & Co’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $11,872,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. SG Americas Securities LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 295.3% in the 1st quarter. SG Americas Securities LLC now owns 31,969 shares of the company’s stock valued at $2,614,000 after buying an additional 23,882 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 32.8% in the 1st quarter. Concurrent Investment Advisors LLC now owns 33,429 shares of the company’s stock valued at $2,734,000 after purchasing an additional 8,256 shares during the period. Pointe Capital Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.1% in the first quarter. Pointe Capital Management LLC now owns 76,973 shares of the company’s stock valued at $6,295,000 after purchasing an additional 5,749 shares in the last quarter. Addison Capital Co raised its position in iShares 1-3 Year Treasury Bond ETF by 71.1% in the 1st quarter. Addison Capital Co now owns 7,046 shares of the company’s stock valued at $576,000 after buying an additional 2,928 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $1,646,000. 23.62% of the stock is owned by institutional investors.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.07 on Friday. The company has a fifty day simple moving average of $82.69 and a 200 day simple moving average of $82.11. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The company has a market cap of $22.17 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.2831 per share. This represents a $3.40 annualized dividend and a yield of 4.14%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.