Flagship Private Wealth LLC Has $4.07 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Flagship Private Wealth LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 25.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 49,273 shares of the company’s stock after purchasing an additional 10,013 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 1.7% of Flagship Private Wealth LLC’s investment portfolio, making the stock its 19th largest position. Flagship Private Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,068,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in SHY. TruWealth Advisors LLC raised its holdings 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 valued at $234,000 after buying an additional 121 shares during the last quarter. Bryn Mawr Trust Advisors LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 2.3% in the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after acquiring an additional 126 shares in the last quarter. Savant Capital LLC raised 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 acquiring an additional 126 shares during the last quarter. Tower View Wealth Management LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11.4% in the first quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock worth $106,000 after acquiring an additional 132 shares during the last quarter. Finally, Clientfirst Wealth Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% during the third quarter. Clientfirst Wealth Management LLC now owns 11,689 shares of the company’s stock worth $970,000 after purchasing an additional 133 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.11 on Wednesday. The firm has a 50 day simple moving average of $82.17 and a 200 day simple moving average of $82.54. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.86 and a fifty-two week high of $83.20. The firm has a market cap of $25.14 billion, a P/E 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 was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.2429 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.