DSG Capital Advisors LLC Has $5.75 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

DSG Capital Advisors LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 88.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 69,254 shares of the company’s stock after acquiring an additional 32,491 shares during the period. DSG Capital Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,745,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at about $25,000. Pflug Koory LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 287 shares during the period. Delos Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $29,000. Howe & Rusling Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after acquiring an additional 361 shares during the period. Finally, Grey Fox Wealth Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $38,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0%

Shares of NASDAQ SHY opened at $82.89 on Wednesday. The firm has a market cap of $24.10 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business’s 50 day moving average is $82.86 and its 200-day moving average is $82.83. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.87 and a 1-year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.2548 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

iShares 1-3 Year Treasury Bond ETF Company 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.