Redhawk Wealth Advisors Inc. Grows Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Redhawk Wealth Advisors Inc. grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 147.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,353 shares of the company’s stock after acquiring an additional 12,732 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,753,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. MCF Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $25,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 345.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at about $30,000. Valley National Advisers Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $33,000. Finally, Merkkuri Wealth Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $38,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $81.86 on Tuesday. The firm has a market capitalization of $25.07 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.75 and a 1-year high of $83.20. The company’s 50-day moving average is $81.95 and its two-hundred day moving average is $82.35.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were issued a $0.2508 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a yield of 3.7%.

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.