Savvy Advisors Inc. Buys Shares of 17,267 iShares 1-3 Year Treasury Bond ETF $SHY

Savvy Advisors Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 17,267 shares of the company’s stock, valued at approximately $1,430,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Key Financial Inc grew its stake in iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 196 shares during the last quarter. Pflug Koory LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 637.8% in the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares during the last quarter. Lodestone Wealth Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Holos Integrated Wealth LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Finally, Delos Wealth Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at about $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

SHY opened at $82.28 on Tuesday. The business’s 50-day moving average is $82.73 and its two-hundred day moving average is $82.83. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $82.21 and a 1 year high of $83.20. The firm has a market capitalization of $24.67 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.