Arete Wealth Advisors LLC Has $4.67 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Arete Wealth Advisors LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 786.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 56,193 shares of the company’s stock after purchasing an additional 49,855 shares during the quarter. Arete Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,672,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. WestEnd Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $30,000. Financial Connections Group Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at about $31,000. Rational Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $67,000. Global Trust Asset Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $68,000. Finally, Creative Financial Designs Inc. ADV grew its stake in iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.32 on Friday. The firm has a market cap of $22.23 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The business has a 50-day moving average of $82.42 and a 200 day moving average of $82.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.2831 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date was Friday, November 1st.

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.