IFP Advisors Inc Buys 40,042 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

IFP Advisors Inc lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 56.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 110,827 shares of the company’s stock after buying an additional 40,042 shares during the period. IFP Advisors Inc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,179,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SHY. NewEdge Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after acquiring an additional 916 shares in the last quarter. Squarepoint Ops LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% in the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after acquiring an additional 7,731 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $70,000. NCM Capital Management LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% in the 2nd quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after acquiring an additional 603 shares in the last quarter. Finally, Ausdal Financial Partners Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock worth $2,712,000 after acquiring an additional 919 shares in the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.04 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.00 and a one year high of $83.20. The firm has a market capitalization of $25.12 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The business has a 50-day simple moving average of $82.41 and a 200 day simple moving average of $82.71.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a dividend of $0.2428 per share. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.