iShares 1-3 Year Treasury Bond ETF $SHY Shares Acquired by Formidable Asset Management LLC

Formidable Asset Management LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 251.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,570 shares of the company’s stock after purchasing an additional 10,425 shares during the period. Formidable Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,207,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of SHY. NewEdge Advisors LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after buying an additional 916 shares during the period. Squarepoint Ops LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 103.3% in the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after acquiring an additional 7,731 shares during the period. Darwin Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $70,000. NCM Capital Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 6.7% during the 2nd quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock valued at $793,000 after acquiring an additional 603 shares during the last quarter. Finally, Ausdal Financial Partners Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 2.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after acquiring an additional 919 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.19 on Monday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.86 and a twelve month high of $83.20. The stock has a 50 day moving average of $82.19 and a two-hundred day moving average of $82.55. The stock has a market capitalization of $25.17 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 business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.2429 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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.