iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Purchased by Priebe Wealth Holdings LLC

Priebe Wealth Holdings LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,752 shares of the company’s stock after purchasing an additional 725 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 0.5% of Priebe Wealth Holdings LLC’s holdings, making the stock its 27th largest holding. Priebe Wealth Holdings LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $634,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. UBS Group AG lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% in the fourth quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock valued at $508,838,000 after purchasing an additional 177,582 shares during the period. Cornell University acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $35,212,000. Pinebridge Investments L.P. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 7.3% in the fourth quarter. Pinebridge Investments L.P. now owns 4,093,000 shares of the company’s stock valued at $335,790,000 after purchasing an additional 280,000 shares during the last quarter. Raymond James & Associates raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the 4th quarter. Raymond James & Associates now owns 2,792,956 shares of the company’s stock worth $229,134,000 after buying an additional 67,091 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 43.6% during the 4th quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock valued at $201,006,000 after acquiring an additional 744,074 shares in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock traded down $0.06 on Wednesday, reaching $81.60. The company had a trading volume of 143,756 shares, compared to its average volume of 4,015,168. The company’s fifty day moving average is $81.37 and its 200 day moving average is $81.63. The company has a market cap of $24.51 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.55 and a 1 year high of $82.39.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were paid a $0.2621 dividend. The ex-dividend date was Monday, June 3rd. This represents a $3.15 annualized dividend and a yield of 3.85%.

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.