Able Wealth Management LLC Buys 66,652 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Able Wealth Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 2,100.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,825 shares of the company’s stock after buying an additional 66,652 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 1.8% of Able Wealth Management LLC’s portfolio, making the stock its 18th largest position. Able Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. NewEdge Advisors LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock valued at $10,916,000 after purchasing an additional 916 shares in the last quarter. Squarepoint Ops LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% during the second quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after purchasing an additional 7,731 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $70,000. NCM Capital Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% during the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock valued at $793,000 after purchasing an additional 603 shares in the last quarter. Finally, Ausdal Financial Partners Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% during the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after purchasing an additional 919 shares in the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $82.60 on Tuesday. 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 50 day simple moving average of $82.66 and a two-hundred day simple moving average of $82.80. The company has a market capitalization of $25.69 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were paid a dividend of $0.2469 per share. 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%. The ex-dividend date of this dividend was Wednesday, April 1st.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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