Larson Financial Group LLC Acquires 15,464 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Larson Financial Group LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 244.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 21,801 shares of the company’s stock after purchasing an additional 15,464 shares during the quarter. Larson Financial Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,789,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Fortitude Family Office LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $45,000. Impact Partnership Wealth LLC boosted its position in shares of 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 buying an additional 342 shares during the period. Cedar Mountain Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $55,000. Financial Gravity Asset Management Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 771.6% during the third quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock worth $57,000 after buying an additional 625 shares during the period. Finally, Halpern Financial Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $62,000. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

Shares of SHY stock traded up $0.08 on Tuesday, hitting $81.29. 1,694,002 shares of the stock were exchanged, compared to its average volume of 4,538,519. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.55 and a fifty-two week high of $82.60. The firm has a market capitalization of $24.61 billion, a P/E ratio of 3,690.68 and a beta of 0.01. The business has a 50-day moving average of $81.54 and a 200 day moving average of $81.56.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2705 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.25 annualized dividend and a yield of 3.99%.

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.