Atria Wealth Solutions Inc. Raises Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Atria Wealth Solutions Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 19.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 160,243 shares of the company’s stock after acquiring an additional 26,079 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $13,137,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SHY. Golden State Wealth Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $30,000. Van ECK Associates Corp boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during 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. Roxbury Financial LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $36,000. Logan Capital Management Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $37,000. Finally, AlphaMark Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $63,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.03 on Wednesday. The stock’s 50 day moving average price is $82.01 and its 200-day moving average price is $82.36. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The stock has a market cap of $23.12 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2735 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.