Acorns Advisers LLC Has $15.92 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Acorns Advisers LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 191,870 shares of the company’s stock after buying an additional 12,040 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 0.1% of Acorns Advisers LLC’s portfolio, making the stock its 22nd biggest position. Acorns Advisers LLC owned 0.07% of iShares 1-3 Year Treasury Bond ETF worth $15,917,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Key Financial Inc grew its holdings 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 holdings in shares of 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 worth $28,000 after acquiring an additional 287 shares in the last quarter. Delos Wealth Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $29,000. Howe & Rusling Inc. raised its position 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 purchasing an additional 361 shares during the period. Finally, Accredited Wealth Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after purchasing an additional 150 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.50 on Friday. The stock has a market cap of $24.11 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The business has a 50 day simple moving average of $82.87 and a 200 day simple moving average of $82.89. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $82.21 and a 52-week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.