Johnson Financial Group Inc. Raises Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Johnson Financial Group Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 24.4% during the 4th quarter, HoldingsChannel reports. The firm owned 9,700 shares of the company’s stock after buying an additional 1,900 shares during the period. Johnson Financial Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $796,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fulcrum Equity Management bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $472,000. Hsbc Holdings PLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% in the 3rd quarter. Hsbc Holdings PLC now owns 614,149 shares of the company’s stock worth $49,730,000 after purchasing an additional 7,431 shares in the last quarter. Spreng Capital Management Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.3% in the 4th quarter. Spreng Capital Management Inc. now owns 29,109 shares of the company’s stock worth $2,388,000 after purchasing an additional 1,461 shares in the last quarter. Element Wealth LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 25.7% in the 4th quarter. Element Wealth LLC now owns 21,945 shares of the company’s stock worth $1,800,000 after purchasing an additional 4,488 shares in the last quarter. Finally, Sarasin & Partners LLP acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $1,151,000. Institutional investors own 23.62% of the company’s stock.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock traded up $0.03 during trading on Friday, reaching $81.37. The company’s stock had a trading volume of 3,040,967 shares, compared to its average volume of 4,285,476. The company has a market cap of $24.44 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.55 and a 1-year high of $82.39. The company has a 50-day simple moving average of $81.37 and a two-hundred day simple moving average of $81.61.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a $0.2616 dividend. The ex-dividend date was Wednesday, May 1st. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.86%.

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.