Symmetry Partners LLC Purchases 5,223 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Symmetry Partners LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.8% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 94,887 shares of the company’s stock after purchasing an additional 5,223 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.1% of Symmetry Partners LLC’s portfolio, making the stock its 25th biggest holding. Symmetry Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,850,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Van ECK Associates Corp raised its holdings in shares of 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 worth $32,000 after purchasing an additional 187 shares during the period. First Horizon Advisors Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 76.8% in the fourth quarter. First Horizon Advisors Inc. now owns 68,292 shares of the company’s stock worth $5,599,000 after acquiring an additional 29,665 shares in the last quarter. Wealthspire Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 21.2% in the fourth quarter. Wealthspire Advisors LLC now owns 11,718 shares of the company’s stock worth $961,000 after acquiring an additional 2,049 shares in the last quarter. Howard Capital Management Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 21.5% during the fourth quarter. Howard Capital Management Inc. now owns 17,193 shares of the company’s stock valued at $1,409,000 after buying an additional 3,046 shares during the period. Finally, Union Bancaire Privee UBP SA bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $1,848,000. 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 iShares 1-3 Year Treasury Bond ETF stock opened at $82.65 on Tuesday. The company has a market cap of $24.27 billion, a PE ratio of 3,747.73 and a beta of 0.01. The business has a 50 day moving average of $82.53 and a 200 day moving average of $82.33. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.29 and a 52 week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a $0.2718 dividend. The ex-dividend date was Monday, June 2nd. This is a positive change 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 3.95%.

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.