Tyche Wealth Partners LLC Acquires Shares of 2,936 iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Tyche Wealth Partners LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,936 shares of the company’s stock, valued at approximately $241,000.

Several other hedge funds have also modified their holdings of SHY. Coppell Advisory Solutions Corp. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $30,000. Global Wealth Management Investment Advisory Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at approximately $35,000. Fortitude Family Office LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $45,000. Stonebridge Capital Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 55,400.0% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock valued at $45,000 after purchasing an additional 554 shares in the last quarter. Finally, Impact Partnership Wealth LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 114.4% during the 3rd quarter. Impact Partnership Wealth LLC now owns 641 shares of the company’s stock valued at $52,000 after buying an additional 342 shares during the last quarter. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $81.19 on Thursday. The company has a fifty day simple moving average of $81.58 and a 200 day simple moving average of $81.54. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.60.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2705 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.25 annualized dividend and a dividend yield of 4.00%.

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.