Private Advisory Group LLC Boosts Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Private Advisory Group LLC lifted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 44.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,654 shares of the company’s stock after purchasing an additional 10,348 shares during the quarter. Private Advisory Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,792,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SHY. Hantz Financial Services Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $25,000. Key Financial Inc grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% during the third quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after acquiring an additional 196 shares during the last quarter. Pflug Koory LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 287 shares during the period. Delos Wealth Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $29,000. Finally, Howe & Rusling Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after purchasing an additional 361 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.99 on Monday. The company has a market capitalization of $24.26 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $82.14 and a 1 year high of $83.14. The company’s fifty day moving average is $82.86 and its two-hundred day moving average is $82.87.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.