Dynamic Advisor Solutions LLC Increases Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Dynamic Advisor Solutions LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 261,185 shares of the company’s stock after purchasing an additional 17,032 shares during the quarter. Dynamic Advisor Solutions LLC owned approximately 0.08% of iShares 1-3 Year Treasury Bond ETF worth $21,446,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Quent Long Short Global Small Cap Fund LP purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $53,414,000. Innova Wealth Partners boosted its position in iShares 1-3 Year Treasury Bond ETF by 134.6% during the 1st quarter. Innova Wealth Partners now owns 318,143 shares of the company’s stock worth $26,269,000 after purchasing an additional 182,540 shares during the period. Finer Wealth Management Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $1,685,000. Fifth Third Securities Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 79.5% in the 4th quarter. Fifth Third Securities Inc. now owns 40,864 shares of the company’s stock valued at $3,384,000 after purchasing an additional 18,099 shares in the last quarter. Finally, Bingham Private Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $529,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $81.90 on Thursday. The business’s 50-day moving average is $81.97 and its two-hundred day moving average is $82.37. The firm has a market capitalization of $25.09 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.75 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd will be paid a $0.2508 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date is Monday, August 3rd.

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.