Founders Grove Wealth Partners LLC Grows Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Founders Grove Wealth Partners LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 83.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,753 shares of the company’s stock after purchasing an additional 9,010 shares during the period. Founders Grove Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,639,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of SHY. Hantz Financial Services Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $25,000. Delos Wealth Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $29,000. Howe & Rusling Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after purchasing an additional 361 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in iShares 1-3 Year Treasury Bond ETF by 45.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 125 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $39,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%

Shares of SHY opened at $82.79 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.81 and a 52-week high of $83.14. The stock has a market cap of $23.90 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day moving average is $82.89 and its two-hundred day moving average is $82.78.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a dividend of $0.2548 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Friday, December 19th.

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.