International Private Wealth Advisors LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 132.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,928 shares of the company’s stock after purchasing an additional 14,198 shares during the period. International Private Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,024,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. RPOA Advisors Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $301,889,000. Bank of America Corp DE boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% during the first quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after buying an additional 3,451,890 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 225.0% during the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after buying an additional 2,454,485 shares during the period. AIA Group Ltd purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $123,450,000. Finally, Edge Wealth Management LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 286.0% during the third quarter. Edge Wealth Management LLC now owns 1,518,562 shares of the company’s stock valued at $123,284,000 after buying an additional 1,125,105 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.
iShares 1-3 Year Treasury Bond ETF Stock Performance
SHY opened at $81.31 on Thursday. The stock’s 50 day moving average price is $81.35 and its 200-day moving average price is $82.06. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.95 and a one year high of $83.20. The stock has a market cap of $27.44 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 firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.2544 per share. This represents a $3.05 annualized dividend and a dividend yield of 3.8%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date was Monday, November 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.
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