KFA Private Wealth Group LLC Has $9.09 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

KFA Private Wealth Group LLC raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 110,642 shares of the company’s stock after buying an additional 13,181 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 2.4% of KFA Private Wealth Group LLC’s portfolio, making the stock its 12th biggest position. KFA Private Wealth Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,085,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in SHY. Secure Asset Management LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 28.4% during the 2nd quarter. Secure Asset Management LLC now owns 5,675 shares of the company’s stock valued at $466,000 after purchasing an additional 1,254 shares during the period. Midwest Professional Planners LTD. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.9% in the second quarter. Midwest Professional Planners LTD. now owns 24,634 shares of the company’s stock valued at $2,023,000 after buying an additional 922 shares during the period. Rehmann Capital Advisory Group raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.9% in the 2nd quarter. Rehmann Capital Advisory Group now owns 25,123 shares of the company’s stock worth $2,059,000 after acquiring an additional 954 shares in the last quarter. Ballast Inc. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11.0% in the 2nd quarter. Ballast Inc. now owns 245,825 shares of the company’s stock valued at $20,185,000 after purchasing an additional 24,410 shares during the period. Finally, Buska Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $1,060,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $81.59 on Wednesday. The business has a 50 day simple moving average of $81.94 and a 200 day simple moving average of $82.25. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.59 and a one year high of $83.20. The stock has a market capitalization of $24.99 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 firm also recently declared a dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be issued a dividend of $0.244 per share. The ex-dividend date is Tuesday, September 1st.

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.