Calton & Associates Inc. Invests $820,000 in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Calton & Associates Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 10,000 shares of the company’s stock, valued at approximately $820,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SHY. Koa Wealth Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.5% in the 4th quarter. Koa Wealth Management LLC now owns 59,287 shares of the company’s stock worth $4,860,000 after purchasing an additional 882 shares during the period. Fifth Third Securities Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $542,000. Crews Bank & Trust purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $1,354,000. Lewis Asset Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 9.1% during the 4th quarter. Lewis Asset Management LLC now owns 2,749 shares of the company’s stock valued at $225,000 after acquiring an additional 230 shares in the last quarter. Finally, Synergy Asset Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $394,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $82.28 on Friday. 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 has a market capitalization of $23.17 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock has a 50 day moving average price of $82.03 and a 200-day moving average price of $82.35.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.2804 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a yield of 4.09%.

iShares 1-3 Year Treasury Bond ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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