Tactive Advisors LLC Buys 18,645 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Tactive Advisors LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 94.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,348 shares of the company’s stock after acquiring an additional 18,645 shares during the quarter. Tactive Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,114,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of SHY. Buska Wealth Management LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 37.3% in the third quarter. Buska Wealth Management LLC now owns 17,722 shares of the company’s stock valued at $1,439,000 after acquiring an additional 4,813 shares during the last quarter. Martin Capital Partners LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 2.0% in the third quarter. Martin Capital Partners LLC now owns 45,903 shares of the company’s stock worth $3,727,000 after acquiring an additional 897 shares during the period. Cooper Financial Group increased its stake in iShares 1-3 Year Treasury Bond ETF by 4.2% during the third quarter. Cooper Financial Group now owns 24,439 shares of the company’s stock worth $1,984,000 after acquiring an additional 991 shares during the last quarter. Whitcomb & Hess Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 7.6% during the third quarter. Whitcomb & Hess Inc. now owns 26,033 shares of the company’s stock worth $2,114,000 after acquiring an additional 1,844 shares during the last quarter. Finally, Canandaigua National Trust Co of Florida purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $1,283,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY traded up $0.06 during mid-day trading on Thursday, reaching $81.22. 1,414,231 shares of the company’s stock were exchanged, compared to its average volume of 4,269,750. The company’s 50-day moving average is $81.62 and its 200-day moving average is $81.97. The firm has a market capitalization of $26.36 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.95 and a 52-week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.2410 per share. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. This represents a $2.89 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, October 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.