Tranquilli Financial Advisor LLC Makes New Investment in iShares 1-3 Year Treasury Bond ETF $SHY

Tranquilli Financial Advisor LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 20,549 shares of the company’s stock, valued at approximately $1,687,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SHY. MCF Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $25,000. Whittier Trust Co. of Nevada Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 345.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares during the period. Ashton Thomas Securities LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $30,000. Merkkuri Wealth Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $38,000. Finally, Beacon Financial Strategies CORP purchased a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $38,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%

Shares of SHY opened at $81.64 on Thursday. The firm has a market cap of $25.01 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company’s fifty day moving average is $81.94 and its two-hundred day moving average is $82.24. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.59 and a fifty-two week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, September 1st will be given a $0.244 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, September 1st.

iShares 1-3 Year Treasury Bond ETF Company 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.