Ashton Thomas Private Wealth LLC Boosts Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Ashton Thomas Private Wealth LLC raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 238,891 shares of the company’s stock after purchasing an additional 21,576 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $19,818,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SHY. Hantz Financial Services Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $25,000. Pflug Koory LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% during the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 287 shares during the last quarter. Delos Wealth Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $29,000. Howe & Rusling Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after purchasing an additional 361 shares during the last quarter. Finally, Grey Fox Wealth Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $38,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.69 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.87 and a 12 month high of $83.14. The business has a 50-day moving average of $82.85 and a two-hundred day moving average of $82.84. The stock has a market capitalization of $24.24 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Investors of record on Monday, February 2nd will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.6%.

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.