iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is Edge Wealth Management LLC’s 4th Largest Position

Edge Wealth Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 351,104 shares of the company’s stock after purchasing an additional 4,507 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 5.9% of Edge Wealth Management LLC’s investment portfolio, making the stock its 4th biggest holding. Edge Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $29,047,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Hobbs Group Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% during the 4th quarter. Hobbs Group Advisors LLC now owns 9,916 shares of the company’s stock worth $813,000 after buying an additional 136 shares in the last quarter. Spreng Capital Management Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% during the 4th quarter. Spreng Capital Management Inc. now owns 10,388 shares of the company’s stock worth $852,000 after buying an additional 140 shares in the last quarter. Blueprint Investment Partners LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.2% during the 4th quarter. Blueprint Investment Partners LLC now owns 6,666 shares of the company’s stock worth $546,000 after buying an additional 142 shares in the last quarter. Cabot Wealth Management Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.3% in the 4th quarter. Cabot Wealth Management Inc. now owns 59,923 shares of the company’s stock valued at $4,912,000 after purchasing an additional 161 shares in the last quarter. Finally, Discovery Capital Management LLC CT increased its stake in iShares 1-3 Year Treasury Bond ETF by 6.0% in the 4th quarter. Discovery Capital Management LLC CT now owns 3,050 shares of the company’s stock valued at $250,000 after purchasing an additional 172 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.35 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.26 and a 1-year high of $83.30. The company has a market capitalization of $24.19 billion, a P/E ratio of 3,747.73 and a beta of 0.01. The business has a 50 day moving average price of $82.57 and a 200 day moving average price of $82.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a $0.2718 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a $3.26 annualized dividend and a yield of 3.96%. The ex-dividend date was Monday, June 2nd.

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.