Stratos Wealth Advisors LLC Cuts Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Stratos Wealth Advisors LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 49.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,377 shares of the company’s stock after selling 22,507 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,936,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SHY. NTV Asset Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 3.2% during the 4th quarter. NTV Asset Management LLC now owns 24,245 shares of the company’s stock worth $2,008,000 after acquiring an additional 747 shares in the last quarter. Global Trust Asset Management LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 12,184.8% in the 4th quarter. Global Trust Asset Management LLC now owns 184,272 shares of the company’s stock valued at $15,261,000 after purchasing an additional 182,772 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $345,000. SteelPeak Wealth LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 398.7% in the 4th quarter. SteelPeak Wealth LLC now owns 13,848 shares of the company’s stock worth $1,147,000 after purchasing an additional 11,071 shares during the period. Finally, Aspiriant LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 373.7% during the fourth quarter. Aspiriant LLC now owns 42,153 shares of the company’s stock valued at $3,491,000 after purchasing an additional 33,254 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.36 on Friday. The firm has a market cap of $24.69 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The company’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 52-week low of $82.21 and a 52-week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

iShares 1-3 Year Treasury Bond ETF 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.