iShares 1-3 Year Treasury Bond ETF $SHY is MBA Advisors LLC’s 7th Largest Position

MBA Advisors LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 112,345 shares of the company’s stock after buying an additional 7,122 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 3.7% of MBA Advisors LLC’s holdings, making the stock its 7th largest position. MBA Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,304,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Sowell Financial Services LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 61.4% in the fourth quarter. Sowell Financial Services LLC now owns 8,468 shares of the company’s stock worth $701,000 after acquiring an additional 3,222 shares during the period. Stonebridge Financial Group LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 23.8% in the fourth quarter. Stonebridge Financial Group LLC now owns 55,738 shares of the company’s stock valued at $4,616,000 after purchasing an additional 10,729 shares during the period. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co boosted its position in iShares 1-3 Year Treasury Bond ETF by 25.1% in the 4th quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co now owns 11,221 shares of the company’s stock valued at $929,000 after buying an additional 2,254 shares during the period. Realta Investment Advisors grew its stake in iShares 1-3 Year Treasury Bond ETF by 1.8% during the 4th quarter. Realta Investment Advisors now owns 24,111 shares of the company’s stock worth $1,997,000 after purchasing an additional 427 shares in the last quarter. Finally, Kelleher Financial Advisors increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11.0% during the fourth quarter. Kelleher Financial Advisors now owns 12,096 shares of the company’s stock worth $1,002,000 after buying an additional 1,200 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.36 on Monday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20. The firm has a market capitalization of $24.69 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day simple moving average is $82.74 and its 200-day simple moving average is $82.83.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.