AGH Wealth Advisors LLC Takes $1.88 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

AGH Wealth Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 22,633 shares of the company’s stock, valued at approximately $1,878,000. iShares 1-3 Year Treasury Bond ETF accounts for 1.4% of AGH Wealth Advisors LLC’s holdings, making the stock its 16th biggest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Investment Advisory Group LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.0% in the third quarter. Investment Advisory Group LLC now owns 35,887 shares of the company’s stock worth $2,977,000 after acquiring an additional 1,390 shares in the last quarter. Aspire Growth Partners LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 1.0% during the 3rd quarter. Aspire Growth Partners LLC now owns 13,284 shares of the company’s stock worth $1,102,000 after buying an additional 127 shares during the period. Belpointe Asset Management LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 0.8% in the third quarter. Belpointe Asset Management LLC now owns 17,415 shares of the company’s stock valued at $1,445,000 after buying an additional 131 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.4% in the third quarter. B. Riley Wealth Advisors Inc. now owns 21,853 shares of the company’s stock valued at $1,813,000 after buying an additional 930 shares during the period. Finally, Cabot Wealth Management Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 69.2% during the third quarter. Cabot Wealth Management Inc. now owns 178,420 shares of the company’s stock worth $14,802,000 after acquiring an additional 72,967 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

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

Shares of NASDAQ:SHY opened at $82.89 on Wednesday. The firm has a market cap of $24.10 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.87 and a 12 month high of $83.14. The company’s fifty day simple moving average is $82.86 and its 200 day simple moving average is $82.83.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.