Tactive Advisors LLC Has $2.09 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Tactive Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 39.7% during the first quarter, Holdings Channel.com reports. The firm owned 25,347 shares of the company’s stock after buying an additional 7,202 shares during the period. Tactive Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,093,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SHY. Captrust Financial Advisors increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% in the fourth quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock valued at $1,487,841,000 after purchasing an additional 940,434 shares in the last quarter. Bank of America Corp DE lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.1% during the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after buying an additional 133,178 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock worth $878,695,000 after buying an additional 467,629 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares 1-3 Year Treasury Bond ETF by 387.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after buying an additional 4,206,546 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in iShares 1-3 Year Treasury Bond ETF by 0.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,213,941 shares of the company’s stock valued at $431,819,000 after buying an additional 45,271 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $81.99 on Monday. The stock has a market capitalization of $25.11 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.86 and a 52 week high of $83.20. The stock has a fifty day moving average of $82.23 and a 200-day moving average of $82.58.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.2429 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Monday, June 1st.

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.