Narus Financial Partners LLC Makes New Investment in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Narus Financial Partners LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,789 shares of the company’s stock, valued at approximately $229,000.

A number of other large investors have also made changes to their positions in the stock. Logan Capital Management Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $37,000. AlphaMark Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $63,000. Global Trust Asset Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $68,000. Creative Financial Designs Inc. ADV increased its stake in iShares 1-3 Year Treasury Bond ETF by 23.3% in the third 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 last quarter. Finally, Eagle Bay Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $76,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

Shares of SHY opened at $82.28 on Friday. The firm has a market cap of $23.17 billion, a PE ratio of 3,695.45 and a beta of 0.01. The company’s fifty day moving average is $82.03 and its two-hundred day moving average is $82.35. 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.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date was Wednesday, December 18th.

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.