iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Lowered by Carlton Hofferkamp & Jenks Wealth Management LLC

Carlton Hofferkamp & Jenks Wealth Management LLC reduced its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 62,989 shares of the company’s stock after selling 1,545 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.7% of Carlton Hofferkamp & Jenks Wealth Management LLC’s portfolio, making the stock its 10th largest position. Carlton Hofferkamp & Jenks Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,172,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. WestEnd Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $30,000. Financial Connections Group Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $31,000. Rational Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $67,000. Global Trust Asset Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $68,000. Finally, Creative Financial Designs Inc. ADV boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after buying an additional 167 shares in the last quarter. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $81.93 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The firm’s 50-day simple moving average is $82.66 and its 200 day simple moving average is $82.13. The firm has a market capitalization of $22.13 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.