Advisors Preferred LLC Acquires Shares of 410,623 iShares 1-3 Year Treasury Bond ETF $SHY

Advisors Preferred LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 410,623 shares of the company’s stock, valued at approximately $33,905,000. iShares 1-3 Year Treasury Bond ETF comprises approximately 5.0% of Advisors Preferred LLC’s investment portfolio, making the stock its 2nd biggest holding. Advisors Preferred LLC owned 0.13% of iShares 1-3 Year Treasury Bond ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Sigma Planning Corp increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.0% during the first quarter. Sigma Planning Corp now owns 303,288 shares of the company’s stock worth $25,042,000 after acquiring an additional 8,775 shares during the period. Camden National Bank raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11.3% during the first quarter. Camden National Bank now owns 174,078 shares of the company’s stock valued at $14,374,000 after acquiring an additional 17,699 shares in the last quarter. Arena Capital Advisors LLC CA purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $2,890,000. Milestones Private Investment Advisors LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.1% in the first quarter. Milestones Private Investment Advisors LLC now owns 19,724 shares of the company’s stock valued at $1,629,000 after purchasing an additional 602 shares during the period. Finally, Calamos Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $972,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2%

Shares of NASDAQ SHY opened at $81.93 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.79 and a twelve month high of $83.20. The firm has a market cap of $25.74 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business has a fifty day simple moving average of $82.05 and a two-hundred day simple moving average of $82.47.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.2383 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.