Carlton Hofferkamp & Jenks Wealth Management LLC Has $5.17 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Carlton Hofferkamp & Jenks Wealth Management LLC decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,989 shares of the company’s stock after selling 1,545 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 1.7% of Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings, making the stock its 10th biggest position. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,172,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of SHY. Patriot Financial Group Insurance Agency LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 5.0% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock worth $225,000 after acquiring an additional 131 shares during the last quarter. Patton Fund Management Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.8% in the 2nd quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock valued at $634,000 after acquiring an additional 140 shares during the period. SPC Financial Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after acquiring an additional 140 shares during the period. Secure Asset Management LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.0% in the 2nd quarter. Secure Asset Management LLC now owns 7,528 shares of the company’s stock valued at $615,000 after acquiring an additional 148 shares during the period. Finally, Aveo Capital Partners LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 1.0% in the 2nd quarter. Aveo Capital Partners LLC now owns 15,054 shares of the company’s stock valued at $1,229,000 after buying an additional 148 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $81.93 on Wednesday. The stock has a market capitalization of $22.13 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company’s fifty day moving average is $82.66 and its two-hundred day moving average is $82.13. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2831 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 annualized dividend and a yield of 4.15%. The ex-dividend date was Friday, November 1st.

About iShares 1-3 Year Treasury Bond ETF

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.