Center For Asset Management LLC Grows Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Center For Asset Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,636 shares of the company’s stock after buying an additional 145 shares during the period. Center For Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $216,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of SHY. SPC Financial Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 2.3% in the third quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after purchasing an additional 140 shares during the last quarter. Redhawk Wealth Advisors Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after buying an additional 147 shares during the last quarter. Acorn Wealth Advisors LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after acquiring an additional 152 shares during the last quarter. Rehmann Capital Advisory Group increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.6% in the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock worth $2,199,000 after acquiring an additional 152 shares during the last quarter. Finally, D.A. Davidson & CO. raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.6% in the 3rd quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock valued at $818,000 after acquiring an additional 153 shares during the period. 23.15% of the stock is currently owned by institutional investors.

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

Shares of NASDAQ:SHY opened at $82.14 on Monday. The company has a 50 day moving average of $82.02 and a 200 day moving average of $82.34. The stock has a market cap of $23.02 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.2804 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%.

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.