iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Bought by International Private Wealth Advisors LLC

International Private Wealth Advisors LLC grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 15,592 shares of the company’s stock after purchasing an additional 836 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 1.2% of International Private Wealth Advisors LLC’s investment portfolio, making the stock its 19th biggest position. International Private Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,290,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE grew its position in iShares 1-3 Year Treasury Bond ETF by 9.4% during the fourth quarter. Bank of America Corp DE now owns 15,282,874 shares of the company’s stock valued at $1,252,890,000 after buying an additional 1,308,640 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 47.8% during the 4th quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock worth $946,428,000 after acquiring an additional 3,731,847 shares in the last quarter. Captrust Financial Advisors grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 9.1% during the 4th quarter. Captrust Financial Advisors now owns 9,232,624 shares of the company’s stock valued at $756,890,000 after acquiring an additional 766,782 shares during the period. Proficio Capital Partners LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after purchasing an additional 8,173,293 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% in the 4th quarter. Wells Fargo & Company MN now owns 5,483,336 shares of the company’s stock valued at $449,524,000 after purchasing an additional 59,920 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 Trading Down 0.2%

NASDAQ SHY opened at $82.21 on Monday. The stock has a market capitalization of $23.87 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.04. The stock has a 50-day moving average of $82.57 and a 200 day moving average of $82.31. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.26 and a twelve month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.2718 per share. This represents a $3.26 annualized dividend and a dividend yield of 3.97%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date of this dividend was Monday, June 2nd.

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.