iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Purchased by Flagstar Advisors Inc.

Flagstar Advisors Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 31.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,948 shares of the company’s stock after acquiring an additional 1,659 shares during the period. Flagstar Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $568,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the business. Mather Group LLC. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth about $39,000. Fortitude Family Office LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $45,000. Cedar Mountain Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $55,000. Vestor Capital LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 28.8% in the fourth quarter. Vestor Capital LLC now owns 684 shares of the company’s stock valued at $56,000 after buying an additional 153 shares during the period. Finally, Financial Gravity Asset Management Inc. raised its holdings in 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 valued at $57,000 after buying an additional 625 shares during the period. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY traded up $0.01 during mid-day trading on Tuesday, hitting $81.66. The company’s stock had a trading volume of 2,618,064 shares, compared to its average volume of 4,047,163. 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’s fifty day simple moving average is $81.37 and its two-hundred day simple moving average is $81.63. The firm has a market capitalization of $24.53 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company 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%.

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.