iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by IFP Advisors Inc

IFP Advisors Inc lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 16.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 180,492 shares of the company’s stock after purchasing an additional 25,675 shares during the period. IFP Advisors Inc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $14,820,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. MCF Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. Whittier Trust Co. of Nevada Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 345.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock worth $26,000 after acquiring an additional 249 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter valued at $30,000. Merkkuri Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter valued at $38,000. Finally, Beacon Financial Strategies CORP acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $38,000. 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 $81.66 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.59 and a one year high of $83.20. The firm has a market capitalization of $25.01 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The company’s fifty day moving average is $81.90 and its two-hundred day moving average is $82.20.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were paid a $0.244 dividend. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 3.6%.

About iShares 1-3 Year Treasury Bond ETF

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.