United Advisor Group LLC Acquires New Shares in iShares 1-3 Year Treasury Bond ETF $SHY

United Advisor Group LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,303 shares of the company’s stock, valued at approximately $357,000.

Other hedge funds have also recently modified their holdings of the company. Hantz Financial Services Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at $25,000. MassMutual Private Wealth & Trust FSB lifted its stake in iShares 1-3 Year Treasury Bond ETF by 45.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after acquiring an additional 125 shares during the period. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $39,000. Flaharty Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $40,000. Finally, Garrison Bradford & Associates Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $41,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.86 on Thursday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.67 and a twelve month high of $83.14. The company’s 50 day moving average is $82.92 and its 200 day moving average is $82.69. The company has a market cap of $23.92 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were issued a dividend of $0.2627 per share. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, November 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26.

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.