Salomon & Ludwin LLC Acquires 25,371 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Salomon & Ludwin LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 30.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 108,686 shares of the company’s stock after acquiring an additional 25,371 shares during the quarter. Salomon & Ludwin LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,036,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SHY. Cerity Partners OCIO LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $129,075,000. SG Americas Securities LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1,533.3% in the 2nd quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock valued at $42,633,000 after purchasing an additional 490,171 shares during the period. LPL Financial LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 8.4% in the 2nd quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock valued at $446,254,000 after purchasing an additional 422,978 shares during the period. Captrust Financial Advisors boosted its stake in iShares 1-3 Year Treasury Bond ETF by 8.7% in the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after purchasing an additional 379,718 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 75.5% in the 2nd quarter. Renaissance Technologies LLC now owns 847,878 shares of the company’s stock valued at $69,229,000 after purchasing an additional 364,878 shares during the period. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.42 on Monday. The business has a fifty day simple moving average of $82.80 and a 200 day simple moving average of $82.05. The company has a market capitalization of $22.56 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.80 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.