COFG Advisors LLC Buys Shares of 30,618 iShares 1-3 Year Treasury Bond ETF $SHY

COFG Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 30,618 shares of the company’s stock, valued at approximately $2,536,000.

A number of other institutional investors have also recently added to or reduced their stakes in SHY. TruWealth Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% in the fourth quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock worth $234,000 after buying an additional 121 shares during the last quarter. Bryn Mawr Trust Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock worth $467,000 after buying an additional 126 shares during the last quarter. Savant Capital LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock worth $737,000 after buying an additional 126 shares during the last quarter. Onyx Bridge Wealth Group LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% in the third quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock worth $437,000 after buying an additional 128 shares during the last quarter. Finally, ESL Trust Services LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.5% in the third quarter. ESL Trust Services LLC now owns 2,194 shares of the company’s stock worth $182,000 after buying an additional 133 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.4%

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.01 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.94 and a 1-year high of $83.20. The firm has a fifty day simple moving average of $82.33 and a 200-day simple moving average of $82.67. The stock has a market capitalization of $25.11 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, June 1st will be paid a $0.2429 dividend. The ex-dividend date is Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.6%. This is a boost 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.