Founders Grove Wealth Partners LLC Increases Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Founders Grove Wealth Partners LLC raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 83.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,753 shares of the company’s stock after buying an additional 9,010 shares during the period. Founders Grove Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,639,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Kingstone Capital Partners Texas LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 593,415.6% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 45,617,609 shares of the company’s stock worth $3,728,910,000 after acquiring an additional 45,609,923 shares in the last quarter. Assetmark Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 123.2% in the 2nd quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock worth $588,142,000 after purchasing an additional 3,917,307 shares during the period. Bank of New York Mellon Corp boosted its position in iShares 1-3 Year Treasury Bond ETF by 74.0% during the second quarter. Bank of New York Mellon Corp now owns 6,430,879 shares of the company’s stock worth $532,863,000 after purchasing an additional 2,734,684 shares in the last quarter. Laurel Wealth Advisors LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 8,100.4% during the second quarter. Laurel Wealth Advisors LLC now owns 2,519,904 shares of the company’s stock worth $208,799,000 after purchasing an additional 2,489,175 shares in the last quarter. Finally, Mizuho Markets Americas LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 654.7% in the second quarter. Mizuho Markets Americas LLC now owns 2,586,103 shares of the company’s stock valued at $214,284,000 after purchasing an additional 2,243,457 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.79 on Friday. The stock has a market capitalization of $23.90 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business has a 50 day simple moving average of $82.89 and a 200-day simple moving average of $82.78. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.81 and a 12 month high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.2548 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Friday, December 19th.

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.