iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by HB Wealth Management LLC

HB Wealth Management LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 96.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,115 shares of the company’s stock after buying an additional 12,832 shares during the period. HB Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,163,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Key Financial Inc raised its position in iShares 1-3 Year Treasury Bond ETF by 158.1% in the third 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 period. Pflug Koory LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 637.8% in the third 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 period. Holos Integrated Wealth LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $29,000. Lodestone Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $29,000. Finally, Valley National Advisers Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $33,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%

NASDAQ:SHY opened at $82.57 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.21 and a 52 week high of $83.20. The company has a market capitalization of $25.74 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The stock’s fifty day moving average is $82.62 and its two-hundred day moving average is $82.79.

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 given a $0.2469 dividend. This is an increase 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 yield of 3.6%. The ex-dividend date was Wednesday, April 1st.

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.