Provence Wealth Management Group Grows Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Provence Wealth Management Group raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,533 shares of the company’s stock after purchasing an additional 241 shares during the quarter. Provence Wealth Management Group’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $782,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Fortitude Family Office LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $45,000. Cedar Mountain Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $55,000. Financial Gravity Asset Management Inc. increased its position in 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 valued at $57,000 after acquiring an additional 625 shares during the last quarter. Halpern Financial Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $62,000. Finally, Salem Investment Counselors Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 79.0% in the 4th quarter. Salem Investment Counselors Inc. now owns 768 shares of the company’s stock worth $63,000 after acquiring an additional 339 shares during the last quarter. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

NASDAQ:SHY traded up $0.13 during mid-day trading on Friday, hitting $81.30. 4,960,204 shares of the stock traded hands, compared to its average volume of 4,570,730. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.60. The stock has a market capitalization of $24.54 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.04. The firm’s 50 day moving average is $81.46 and its two-hundred day moving average is $81.57.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.2616 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.14 annualized dividend and a dividend yield of 3.86%.

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.