Redhawk Wealth Advisors Inc. Boosts Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Redhawk Wealth Advisors Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,093 shares of the company’s stock after buying an additional 147 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in SHY. Twele Capital Management Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.1% in the fourth quarter. Twele Capital Management Inc. now owns 5,296 shares of the company’s stock valued at $434,000 after purchasing an additional 211 shares during the period. Stephens Group Asset Management LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 173.7% in the 4th quarter. Stephens Group Asset Management LLC now owns 9,600 shares of the company’s stock valued at $787,000 after buying an additional 6,093 shares in the last quarter. Roble Belko & Company Inc boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 19.9% in the 4th quarter. Roble Belko & Company Inc now owns 1,956 shares of the company’s stock worth $160,000 after buying an additional 324 shares during the last quarter. Founders Grove Wealth Partners LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $991,000. Finally, Acropolis Investment Management LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 194.6% during the fourth quarter. Acropolis Investment Management LLC now owns 10,215 shares of the company’s stock valued at $837,000 after acquiring an additional 6,748 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.10 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The firm has a market capitalization of $22.75 billion, a PE ratio of 3,695.45 and a beta of 0.01. The business’s 50 day moving average price is $82.01 and its 200-day moving average price is $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a yield of 4.10%.

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.