Rooted Wealth Advisors Inc. Has $1.55 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Rooted Wealth Advisors Inc. decreased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,782 shares of the company’s stock after selling 327 shares during the quarter. Rooted Wealth Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,553,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Accredited Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $25,000. Golden State Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $30,000. Van ECK Associates Corp grew its position in iShares 1-3 Year Treasury Bond ETF by 92.1% in the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after purchasing an additional 187 shares during the period. Millstone Evans Group LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $32,000. Finally, Carolinas Wealth Consulting LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 162.2% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock valued at $34,000 after purchasing an additional 253 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

NASDAQ SHY opened at $82.63 on Friday. The company has a fifty day simple moving average of $82.59 and a 200 day simple moving average of $82.29. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.21 and a 12-month high of $83.30. The company has a market cap of $24.27 billion, a P/E ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were paid a dividend of $0.2592 per share. This represents a $3.11 annualized dividend and a yield of 3.76%. The ex-dividend date of this dividend was Thursday, May 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.