Icon Wealth Advisors LLC Makes New Investment in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Icon Wealth Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,647 shares of the company’s stock, valued at approximately $220,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Patriot Financial Group Insurance Agency LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock valued at $225,000 after purchasing an additional 131 shares in the last quarter. Patton Fund Management Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 1.8% in the 2nd quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock worth $634,000 after acquiring an additional 140 shares during the last quarter. SPC Financial Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 2.3% in the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after acquiring an additional 140 shares in the last quarter. Secure Asset Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 2.0% during the 2nd quarter. Secure Asset Management LLC now owns 7,528 shares of the company’s stock valued at $615,000 after purchasing an additional 148 shares during the last quarter. Finally, Aveo Capital Partners LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.0% in the 2nd quarter. Aveo Capital Partners LLC now owns 15,054 shares of the company’s stock worth $1,229,000 after purchasing an additional 148 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.01 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The company has a market cap of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock’s fifty day moving average price is $82.51 and its 200-day moving average price is $82.17.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2831 per share. The ex-dividend date was Friday, November 1st. This represents a $3.40 annualized dividend and a yield of 4.14%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.