Resonant Capital Advisors LLC Invests $862,000 in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Resonant Capital Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 10,502 shares of the company’s stock, valued at approximately $862,000.

Several other large investors have also recently made changes to their positions in SHY. Coppell Advisory Solutions Corp. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $30,000. Global Wealth Management Investment Advisory Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $35,000. Fortitude Family Office LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $45,000. Stonebridge Capital Advisors LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 55,400.0% during the fourth quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock worth $45,000 after acquiring an additional 554 shares during the last quarter. Finally, Impact Partnership Wealth LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 114.4% during the third quarter. Impact Partnership Wealth LLC now owns 641 shares of the company’s stock worth $52,000 after acquiring an additional 342 shares during the last quarter. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $81.17 on Friday. The business’s 50 day moving average is $81.55 and its two-hundred day moving average is $81.55. 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 $24.58 billion, a P/E ratio of 3,690.68 and a beta of 0.02.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2705 per share. The ex-dividend date was Monday, April 1st. This represents a $3.25 annualized dividend and a yield of 4.00%.

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.