Kingsview Wealth Management LLC Boosts Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Kingsview Wealth Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 108,028 shares of the company’s stock after buying an additional 7,151 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,947,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of SHY. Captrust Financial Advisors lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 58.5% in the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after acquiring an additional 6,281,496 shares during the period. Bank of America Corp DE boosted its position in iShares 1-3 Year Treasury Bond ETF by 1.1% in the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after purchasing an additional 133,178 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock worth $556,134,000 after purchasing an additional 272,758 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after purchasing an additional 4,206,546 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock valued at $388,325,000 after purchasing an additional 257,934 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.26 on Friday. The firm has a fifty day moving average price of $82.35 and a 200 day moving average price of $82.68. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $82.00 and a 1 year high of $83.20. The stock has a market cap of $25.19 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a $0.2428 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.