Cascade Financial Partners LLC Grows Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Cascade Financial Partners LLC increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 56.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 157,949 shares of the company’s stock after acquiring an additional 56,707 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 1.2% of Cascade Financial Partners LLC’s holdings, making the stock its 15th largest holding. Cascade Financial Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $13,081,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Captrust Financial Advisors raised its stake in iShares 1-3 Year Treasury Bond ETF by 58.5% in the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after buying an additional 6,281,496 shares in the last quarter. Bank of America Corp DE increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% during the third quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after purchasing an additional 133,178 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.2% during the third quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock worth $556,134,000 after buying an additional 272,758 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after buying an additional 4,206,546 shares during the last quarter. Finally, Mizuho Markets Americas LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% during the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after buying an additional 2,414,144 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.06 on Monday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.06 and a twelve month high of $83.20. The stock’s 50 day moving average is $82.44 and its two-hundred day moving average is $82.72. The firm has a market capitalization of $25.13 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a dividend of $0.2428 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.