iShares 1-3 Year Treasury Bond ETF $SHY Stock Position Trimmed by Alterna Wealth Management Inc.

Alterna Wealth Management Inc. lessened its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 75,943 shares of the company’s stock after selling 8,878 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 5.2% of Alterna Wealth Management Inc.’s portfolio, making the stock its 3rd largest position. Alterna Wealth Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,290,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Key Financial Inc grew its stake in iShares 1-3 Year Treasury Bond ETF by 158.1% during the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 196 shares during the last quarter. Pflug Koory LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 637.8% during the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares during the last quarter. Lodestone Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $29,000. Holos Integrated Wealth LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $29,000. Finally, Delos Wealth Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $29,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.41 on Monday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.21 and a fifty-two week high of $83.20. The company has a market cap of $25.33 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business’s 50-day simple moving average is $82.69 and its two-hundred day simple moving average is $82.82.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a $0.2469 dividend. The ex-dividend date was 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) dividend on an annualized basis and a dividend 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.