Edge Wealth Management LLC Boosts Position in iShares 1-3 Year Treasury Bond ETF $SHY

Edge Wealth Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 382,973 shares of the company’s stock after purchasing an additional 22,778 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 5.6% of Edge Wealth Management LLC’s portfolio, making the stock its 5th biggest holding. Edge Wealth Management LLC owned approximately 0.13% of iShares 1-3 Year Treasury Bond ETF worth $31,718,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. TruWealth Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% during the 4th quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock valued at $234,000 after buying an additional 121 shares in the last quarter. Aspire Growth Partners LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 1.0% in the third quarter. Aspire Growth Partners LLC now owns 13,284 shares of the company’s stock worth $1,102,000 after acquiring an additional 127 shares in the last quarter. Onyx Bridge Wealth Group LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 2.5% in the third quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock worth $437,000 after acquiring an additional 128 shares in the last quarter. Belpointe Asset Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.8% in the third quarter. Belpointe Asset Management LLC now owns 17,415 shares of the company’s stock valued at $1,445,000 after acquiring an additional 131 shares during the last quarter. Finally, ESL Trust Services LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 6.5% during the third quarter. ESL Trust Services LLC now owns 2,194 shares of the company’s stock valued at $182,000 after purchasing an additional 133 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

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

Shares of SHY stock opened at $82.40 on Thursday. The business has a 50-day moving average price of $82.80 and a two-hundred day moving average price of $82.86. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $82.21 and a 12-month high of $83.20. The firm has a market cap of $24.09 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.223 per share. This represents a c) dividend on an annualized basis and a dividend 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.