SteelPeak Wealth LLC Has $1.15 Million Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

SteelPeak Wealth LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 398.7% during the fourth quarter, Holdings Channel reports. The fund owned 13,848 shares of the company’s stock after acquiring an additional 11,071 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,147,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Key Financial Inc boosted its stake in iShares 1-3 Year Treasury Bond ETF by 158.1% in the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after purchasing an additional 196 shares during the period. Pflug Koory LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 637.8% during the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 287 shares in the last quarter. Delos Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $29,000. Holos Integrated Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Finally, Lodestone Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $29,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.36 on Friday. The stock has a market cap of $24.69 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business has a fifty day simple moving average of $82.74 and a 200-day simple moving average of $82.84. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.21 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be paid a $0.2469 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) annualized dividend and a yield of 3.6%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22.

iShares 1-3 Year Treasury Bond ETF 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.