13,246 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Acquired by Cogent Private Wealth Inc.

Cogent Private Wealth Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 13,246 shares of the company’s stock, valued at approximately $1,097,000.

Several other hedge funds have also added to or reduced their stakes in the business. Captrust Financial Advisors boosted its position in iShares 1-3 Year Treasury Bond ETF by 58.5% during the 3rd quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after buying an additional 6,281,496 shares during the period. Bank of America Corp DE boosted its position in iShares 1-3 Year Treasury Bond ETF by 1.1% during the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after buying an additional 133,178 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in iShares 1-3 Year Treasury Bond ETF by 387.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after buying an additional 4,206,546 shares during the period. Ameriprise Financial Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 5.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock worth $388,325,000 after buying an additional 257,934 shares during the period. Finally, Raymond James Financial Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.5% during the 3rd quarter. Raymond James Financial Inc. now owns 4,299,580 shares of the company’s stock worth $356,693,000 after buying an additional 103,291 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.01 on Tuesday. The firm’s 50 day simple moving average is $82.33 and its 200 day simple moving average is $82.67. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.94 and a one year high of $83.20. The company has a market cap of $25.11 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.2429 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date is Monday, June 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.