Fortis Group Advisors LLC Purchases 349 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Fortis Group Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,171 shares of the company’s stock after purchasing an additional 349 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 0.8% of Fortis Group Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Fortis Group Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,136,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Barrett & Company Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Barrett & Company Inc. now owns 9,375 shares of the company’s stock valued at $769,000 after purchasing an additional 125 shares during the period. Advanced Asset Management Advisors Inc grew its position in iShares 1-3 Year Treasury Bond ETF by 1.5% in the fourth quarter. Advanced Asset Management Advisors Inc now owns 8,627 shares of the company’s stock valued at $708,000 after acquiring an additional 128 shares during the period. Verdence Capital Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 2.7% during the fourth quarter. Verdence Capital Advisors LLC now owns 5,043 shares of the company’s stock worth $414,000 after acquiring an additional 133 shares in the last quarter. EP Wealth Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.1% during the fourth quarter. EP Wealth Advisors LLC now owns 1,939 shares of the company’s stock valued at $159,000 after acquiring an additional 145 shares during the period. Finally, Straight Path Wealth Management boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.8% in the 4th quarter. Straight Path Wealth Management now owns 3,295 shares of the company’s stock valued at $270,000 after purchasing an additional 150 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY traded up $0.01 during trading hours on Friday, hitting $81.61. The stock had a trading volume of 2,854,944 shares, compared to its average volume of 4,150,969. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.39. The stock has a market capitalization of $24.52 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The company’s fifty day moving average is $81.31 and its two-hundred day moving average is $81.63.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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

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.