Able Wealth Management LLC Has $321,000 Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Able Wealth Management LLC decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,915 shares of the company’s stock after selling 202 shares during the quarter. Able Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $321,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Captrust Financial Advisors grew its position in iShares 1-3 Year Treasury Bond ETF by 72.7% in the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after acquiring an additional 3,563,486 shares in the last quarter. LPL Financial LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after purchasing an additional 1,193,337 shares during the last quarter. Barclays PLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 68.7% in the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after purchasing an additional 1,123,670 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in iShares 1-3 Year Treasury Bond ETF by 179.8% during the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock worth $70,676,000 after buying an additional 546,239 shares during the last quarter. Finally, Mizuho Markets Americas LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $44,917,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.09 on Thursday. The company has a market cap of $23.13 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day moving average of $82.00 and a 200-day moving average of $82.35. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.