Principle Wealth Partners LLC Invests $1.39 Million in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Principle Wealth Partners LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 16,987 shares of the company’s stock, valued at approximately $1,394,000.

Other large investors have also modified their holdings of the company. Fortitude Family Office LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $45,000. Cedar Mountain Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $55,000. Financial Gravity Asset Management Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 771.6% in the third quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after buying an additional 625 shares during the last quarter. Halpern Financial Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $62,000. Finally, Ritter Daniher Financial Advisory LLC DE boosted its position in iShares 1-3 Year Treasury Bond ETF by 28.8% in the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 773 shares of the company’s stock valued at $63,000 after buying an additional 173 shares during the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ SHY opened at $81.21 on Monday. The firm has a market cap of $24.57 billion, a P/E ratio of 3,690.68 and a beta of 0.01. The business’s 50 day moving average price is $81.51 and its 200 day moving average price is $81.57. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.60.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.2705 per share. This represents a $3.25 annualized dividend and a dividend yield of 4.00%. The ex-dividend date was Monday, April 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.