American Wealth Advisors LLC Buys New Shares in iShares 1-3 Year Treasury Bond ETF $SHY

American Wealth Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 77,905 shares of the company’s stock, valued at approximately $6,463,000. iShares 1-3 Year Treasury Bond ETF makes up about 6.4% of American Wealth Advisors LLC’s portfolio, making the stock its 4th biggest position.

Other large investors have also bought and sold shares of the company. Hantz Financial Services Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at about $25,000. Key Financial Inc grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% in the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after buying an additional 196 shares during the period. Pflug Koory LLC increased its position 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 buying an additional 287 shares in the last quarter. Delos Wealth Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $29,000. Finally, Howe & Rusling Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after buying an additional 361 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.75 on Thursday. The stock has a market capitalization of $24.19 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.21 and a 52 week high of $83.20. The stock has a 50 day moving average price of $82.88 and a two-hundred day moving average price of $82.89.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Monday, March 2nd will be given a $0.223 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.2%.

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.