iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Rooted Wealth Advisors Inc.

Rooted Wealth Advisors Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,814 shares of the company’s stock after purchasing an additional 6,146 shares during the period. Rooted Wealth Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,958,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SHY. Captrust Financial Advisors grew its holdings in iShares 1-3 Year Treasury Bond ETF by 5.5% during the 4th quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock valued at $1,487,841,000 after purchasing an additional 940,434 shares in the last quarter. Bank of America Corp DE lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.1% in the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after buying an additional 133,178 shares in the last quarter. JPMorgan Chase & Co. boosted its position in iShares 1-3 Year Treasury Bond ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock valued at $878,695,000 after buying an additional 467,629 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares 1-3 Year Treasury Bond ETF by 387.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after buying an additional 4,206,546 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.9% during the fourth quarter. Wells Fargo & Company MN now owns 5,213,941 shares of the company’s stock valued at $431,819,000 after acquiring an additional 45,271 shares in the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $82.19 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.86 and a 1 year high of $83.20. The firm has a market cap of $25.17 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The stock’s 50-day simple moving average is $82.19 and its 200-day simple moving average is $82.55.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.2429 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Monday, June 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.