US Financial Advisors LLC Grows Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

US Financial Advisors LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.8% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 73,815 shares of the company’s stock after acquiring an additional 2,678 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for about 1.9% of US Financial Advisors LLC’s holdings, making the stock its 18th biggest holding. US Financial Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,138,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. BNP Paribas Financial Markets lifted its stake in iShares 1-3 Year Treasury Bond ETF by 12.6% in the first quarter. BNP Paribas Financial Markets now owns 124,493 shares of the company’s stock worth $10,181,000 after acquiring an additional 13,932 shares during the period. Janney Montgomery Scott LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 3.2% during the first quarter. Janney Montgomery Scott LLC now owns 74,836 shares of the company’s stock valued at $6,120,000 after acquiring an additional 2,327 shares during the last quarter. SPC Financial Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.2% during the 1st quarter. SPC Financial Inc. now owns 6,016 shares of the company’s stock valued at $492,000 after purchasing an additional 349 shares during the last quarter. Leuthold Group LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 3.0% in the first quarter. Leuthold Group LLC now owns 143,232 shares of the company’s stock worth $11,714,000 after acquiring an additional 4,128 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 42.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 251,895 shares of the company’s stock worth $20,600,000 after purchasing an additional 75,320 shares during the period. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %

SHY stock opened at $81.99 on Thursday. The stock has a market cap of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The business’s 50-day moving average price is $82.72 and its 200-day moving average price is $82.10.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.2831 dividend. This represents a $3.40 annualized dividend and a dividend yield of 4.14%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Friday, November 1st.

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.