Omnia Family Wealth LLC Takes $224,000 Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Omnia Family Wealth LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 2,706 shares of the company’s stock, valued at approximately $224,000.

Several other hedge funds have also modified their holdings of SHY. Inman Jager Wealth Management LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 6.7% during the first quarter. Inman Jager Wealth Management LLC now owns 4,871 shares of the company’s stock worth $403,000 after purchasing an additional 306 shares during the last quarter. White Pine Investment CO raised its holdings in iShares 1-3 Year Treasury Bond ETF by 4.6% during the first quarter. White Pine Investment CO now owns 125,466 shares of the company’s stock worth $10,380,000 after purchasing an additional 5,497 shares during the last quarter. Golden State Wealth Management LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 453.0% during the first quarter. Golden State Wealth Management LLC now owns 2,046 shares of the company’s stock worth $169,000 after purchasing an additional 1,676 shares during the last quarter. Independent Solutions Wealth Management LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 1.1% during the first quarter. Independent Solutions Wealth Management LLC now owns 84,293 shares of the company’s stock worth $6,974,000 after purchasing an additional 930 shares during the last quarter. Finally, Spire Wealth Management raised its holdings in iShares 1-3 Year Treasury Bond ETF by 1.3% during the first quarter. Spire Wealth Management now owns 63,979 shares of the company’s stock worth $5,293,000 after purchasing an additional 827 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.73 on Thursday. The stock has a fifty day moving average price of $82.53 and a 200 day moving average price of $82.33. The stock has a market cap of $24.30 billion, a PE ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.29 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a dividend of $0.2718 per share. The ex-dividend date was Monday, June 2nd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a $3.26 annualized dividend and a yield of 3.94%.

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.