17 Capital Partners LLC Invests $545,000 in iShares 1-3 Year Treasury Bond ETF $SHY

17 Capital Partners LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 6,579 shares of the company’s stock, valued at approximately $545,000.

Several other institutional investors and hedge funds have also made changes to their positions in SHY. MCF Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $25,000. Lodestone Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Holos Integrated Wealth LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Valley National Advisers Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $33,000. Finally, Accredited Wealth Management LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% in the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after acquiring an additional 150 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.07 on Friday. The company has a market capitalization of $25.13 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business has a 50-day moving average price of $82.26 and a 200 day moving average price of $82.61. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.86 and a 1-year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.2429 dividend. This is a boost 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 yield of 3.6%. The ex-dividend date was Monday, June 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.