ARS Wealth Advisors Group LLC Takes $469,000 Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

ARS Wealth Advisors Group LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 5,720 shares of the company’s stock, valued at approximately $469,000.

Other institutional investors have also modified their holdings of the company. Barrett & Company Inc. raised its position 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 last quarter. Advanced Asset Management Advisors Inc raised its position 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 last quarter. Verdence Capital Advisors LLC raised its position 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 last quarter. Straight Path Wealth Management raised its position 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 last quarter. Finally, Seelaus Asset Management LLC raised its position 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 last quarter. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock traded up $0.13 during midday trading on Friday, reaching $81.30. The stock had a trading volume of 4,960,204 shares, compared to its average volume of 4,570,730. The firm’s fifty day simple moving average is $81.46 and its 200-day simple moving average is $81.57. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.55 and a 1-year high of $82.60. The stock has a market capitalization of $24.54 billion, a P/E ratio of 3,695.45 and a beta of 0.04.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.2616 per share. This represents a $3.14 annualized dividend and a dividend yield of 3.86%. The ex-dividend date of this dividend is Wednesday, May 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.