Dakota Wealth Management Purchases 17,009 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Dakota Wealth Management raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 333,104 shares of the company’s stock after acquiring an additional 17,009 shares during the period. Dakota Wealth Management owned about 0.12% of iShares 1-3 Year Treasury Bond ETF worth $27,634,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Harbor Investment Advisory LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 16.7% in the third quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock valued at $3,740,000 after acquiring an additional 6,436 shares during the period. First Horizon Corp acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $2,116,000. Cadence Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $5,524,000. Childress Capital Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $896,000. Finally, CX Institutional raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 13.3% in the 3rd quarter. CX Institutional now owns 399,452 shares of the company’s stock worth $33,139,000 after buying an additional 46,965 shares in the last quarter. Institutional investors 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 $83.06 on Tuesday. The business has a 50 day simple moving average of $82.87 and a 200 day simple moving average of $82.88. The company has a market capitalization of $24.28 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.21 and a one year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.25 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, February 2nd.

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.