iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Focus Partners Wealth

Focus Partners Wealth grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,319,536 shares of the company’s stock after acquiring an additional 53,264 shares during the quarter. Focus Partners Wealth owned about 0.45% of iShares 1-3 Year Treasury Bond ETF worth $109,285,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. MCF Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $25,000. Lodestone Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $29,000. Holos Integrated Wealth LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $29,000. Valley National Advisers Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $33,000. Finally, Accredited Wealth Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 50.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after acquiring an additional 150 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.07 on Monday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.86 and a 1 year high of $83.20. The stock has a fifty day moving average of $82.26 and a two-hundred day moving average of $82.61. The firm has a market capitalization of $25.13 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 disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.2429 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date was Monday, June 1st.

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.