Trek Financial LLC Increases Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Trek Financial LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5,938.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 311,909 shares of the company’s stock after purchasing an additional 306,744 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 2.4% of Trek Financial LLC’s holdings, making the stock its 10th largest position. Trek Financial LLC owned 0.09% of iShares 1-3 Year Treasury Bond ETF worth $25,626,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. WestEnd Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $26,000. Coppell Advisory Solutions Corp. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $30,000. Global Wealth Management Investment Advisory Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth $35,000. American National Bank increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 53.4% in the first quarter. American National Bank now owns 428 shares of the company’s stock worth $35,000 after purchasing an additional 149 shares during the period. Finally, Stonebridge Capital Advisors LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 55,400.0% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock worth $45,000 after purchasing an additional 554 shares during the period. 18.38% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $80.91 on Friday. The stock’s fifty day moving average is $81.00 and its 200 day moving average is $81.55. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.48 and a 52 week high of $82.74.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Investors of record on Tuesday, September 5th were paid a $0.2058 dividend. The ex-dividend date was Friday, September 1st. This represents a $2.47 dividend on an annualized basis and a yield of 3.05%.

About iShares 1-3 Year Treasury Bond ETF

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.