Foundry Financial Group Inc. Purchases 1,803 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Foundry Financial Group Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,555 shares of the company’s stock after purchasing an additional 1,803 shares during the quarter. Foundry Financial Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $794,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of SHY. LPL Financial LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 8.4% in the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after acquiring an additional 422,978 shares in the last quarter. Captrust Financial Advisors raised its stake in iShares 1-3 Year Treasury Bond ETF by 8.7% in the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after buying an additional 379,718 shares in the last quarter. Raymond James & Associates grew its holdings in iShares 1-3 Year Treasury Bond ETF by 9.1% in the second quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock worth $246,738,000 after purchasing an additional 250,959 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 5.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,658,189 shares of the company’s stock worth $135,391,000 after purchasing an additional 83,881 shares during the last quarter. Finally, Cerity Partners OCIO LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $129,075,000. 23.62% of the stock is owned by institutional investors.

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

Shares of SHY traded down $0.02 during trading hours on Wednesday, reaching $82.44. 668,366 shares of the company traded hands, compared to its average volume of 4,052,807. The stock has a market capitalization of $22.65 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business has a fifty day moving average price of $82.81 and a 200-day moving average price of $82.02. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.80 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a $0.2883 dividend. The ex-dividend date was Tuesday, September 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.