ARK & TLK Investments LLC Purchases New Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

ARK & TLK Investments LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 3,458 shares of the company’s stock, valued at approximately $284,000.

Other large investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $45,000. Cedar Mountain Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $55,000. Vestor Capital LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 28.8% during the 4th quarter. Vestor Capital LLC now owns 684 shares of the company’s stock valued at $56,000 after buying an additional 153 shares in the last quarter. Financial Gravity Asset Management Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 771.6% in the third quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock worth $57,000 after acquiring an additional 625 shares during the period. Finally, Glassman Wealth Services bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $59,000. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock traded up $0.01 during midday trading on Friday, hitting $81.61. 2,854,944 shares of the company’s stock were exchanged, compared to its average volume of 4,150,969. The company has a market cap of $24.52 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day moving average price of $81.31 and a two-hundred day moving average price of $81.63. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.55 and a 52-week high of $82.39.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were paid a dividend of $0.2621 per share. The ex-dividend date was Monday, June 3rd. This represents a $3.15 dividend on an annualized basis and a dividend yield of 3.85%.

About iShares 1-3 Year Treasury Bond ETF

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.