DSG Capital Advisors LLC Acquires 32,491 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

DSG Capital Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 88.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 69,254 shares of the company’s stock after acquiring an additional 32,491 shares during the period. DSG Capital Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,745,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Hantz Financial Services Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at about $25,000. Pflug Koory LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares in the last quarter. Delos Wealth Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $29,000. Howe & Rusling Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% during 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. Finally, Grey Fox Wealth Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $38,000. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.89 on Wednesday. The company’s 50 day moving average price is $82.86 and its two-hundred day moving average price is $82.83. The firm has a market capitalization of $24.10 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.87 and a fifty-two week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.