iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 86,409 shares of the company’s stock after buying an additional 5,066 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,089,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in SHY. Barrett & Company Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Barrett & Company Inc. now owns 9,375 shares of the company’s stock valued at $769,000 after buying an additional 125 shares during the period. Advanced Asset Management Advisors Inc grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1.5% in the 4th quarter. Advanced Asset Management Advisors Inc now owns 8,627 shares of the company’s stock valued at $708,000 after buying an additional 128 shares during the period. Verdence Capital Advisors LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 2.7% in the 4th quarter. Verdence Capital Advisors LLC now owns 5,043 shares of the company’s stock valued at $414,000 after buying an additional 133 shares during the period. Straight Path Wealth Management grew its holdings in iShares 1-3 Year Treasury Bond ETF by 4.8% in the 4th quarter. Straight Path Wealth Management now owns 3,295 shares of the company’s stock valued at $270,000 after buying an additional 150 shares during the period. Finally, Seelaus Asset Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 2.3% in the 4th quarter. Seelaus Asset Management LLC now owns 6,757 shares of the company’s stock valued at $554,000 after buying an additional 150 shares during the period. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY traded down $0.04 during trading on Tuesday, reaching $81.21. 886,262 shares of the stock were exchanged, compared to its average volume of 4,466,368. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.60. The firm has a market cap of $24.62 billion, a price-to-earnings ratio of 3,690.68 and a beta of 0.01. The firm’s 50-day moving average price is $81.50 and its 200 day moving average price is $81.57.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

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