Guidance Capital Inc. increase position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Guidance Capital Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 11.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,401 shares of the company’s stock after acquiring an additional 359 shares during the quarter. Holdings of Guidance Capital Inc. in iShares 1-3 Year Treasury Bond ETF were worth $280,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have added to or reduced their stakes in the stock. Financial Counselors Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 44.0% in the second quarter. Financial Counselors Inc. now owns 18,384 shares of the company’s stock worth $1,501,000 after purchasing an additional 5,615 shares during the last quarter. Mandatum Life Insurance Co Ltd purchased a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $202,000. Summit Financial LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 30.5% during the second quarter. Summit Financial LLC now owns 7,559 shares of the company’s stock valued at $617,000 after purchasing an additional 1,767 shares during the period. Montag A & Associates Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 45.8% during the second quarter. Montag A & Associates Inc. now owns 82,535 shares of the company’s stock valued at $6,739,000 after buying an additional 25,939 shares during the last quarter. Finally, Cascade Financial Partners LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 157.8% in the second quarter. Cascade Financial Partners LLC now owns 40,530 shares of the company’s stock worth $3,309,000 after purchasing an additional 24,806 shares during the period. 23.62% of the shares are held by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.80 on Tuesday. The firm has a market cap of $24.56 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.62 and a one year high of $82.91. The company’s 50-day simple moving average is $82.19, and its 200-day simple moving average is $81.72.

iShares 1-3 Year Treasury Bond ETF Raises Dividends

The company also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were given a $0.2725 dividend. This is an increase from the iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a dividend of $3.27 on an annualized basis and a dividend yield of 3.95%. The ex-dividend date was Thursday, August 1.

Company Profile iShares 1-3 Year Treasury Bond ETF

(Free report)

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the US Treasury 1-3 Year Index. The fund tracks a market-weighted index of US Treasury debt with 1-3 years to maturity. Treasury tapes are excluded. SHY was launched on July 22, 2002 and is managed by BlackRock.

Further reading

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

Get daily news and ratings for the iShares 1-3 Year Treasury Bond ETF – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for iShares 1-3 Year Treasury Bond ETF and related companies with our FREE daily email newsletter of MarketBeat.com.