iShares 1-3 Year Treasury Bond ETF $SHY Shares Acquired by SteelPeak Wealth LLC

SteelPeak Wealth LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 398.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,848 shares of the company’s stock after purchasing an additional 11,071 shares during the period. SteelPeak Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,147,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors boosted its stake in iShares 1-3 Year Treasury Bond ETF by 58.5% during the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after buying an additional 6,281,496 shares in the last quarter. Bank of America Corp DE lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.1% in the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock valued at $973,965,000 after acquiring an additional 133,178 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 4.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock valued at $556,134,000 after acquiring an additional 272,758 shares during the last quarter. Mizuho Markets Americas LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% during the 3rd quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock valued at $414,820,000 after purchasing an additional 2,414,144 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock valued at $388,325,000 after purchasing an additional 257,934 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.36 on Friday. The firm’s 50 day moving average is $82.74 and its 200-day moving average is $82.84. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $82.21 and a 12-month high of $83.20. The stock has a market capitalization of $24.69 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be given a $0.2469 dividend. This represents a c) annualized dividend and a yield of 3.6%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date is Wednesday, April 1st.

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.