Strata Wealth Advisors LLC Acquires 2,812 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Strata Wealth Advisors LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 49.2% in the 1st quarter, Holdings Channel reports. The fund owned 8,529 shares of the company’s stock after buying an additional 2,812 shares during the quarter. Strata Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $697,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SHY. Cornell University bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $35,212,000. The Manufacturers Life Insurance Company increased its stake in iShares 1-3 Year Treasury Bond ETF by 3,931.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,896,152 shares of the company’s stock valued at $155,560,000 after purchasing an additional 1,849,118 shares in the last quarter. International Assets Investment Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $119,012,000. Cerity Partners LLC increased its stake 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 purchasing an additional 744,074 shares in the last quarter. Finally, Pathstone Holdings LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $59,218,000. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

NASDAQ:SHY traded up $0.01 on Friday, reaching $81.65. 3,894,804 shares of the stock traded hands, compared to its average volume of 4,012,917. The company has a market capitalization of $24.53 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.39. The company’s fifty day simple moving average is $81.40 and its 200 day simple moving average is $81.63.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were paid a dividend of $0.2621 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $3.15 dividend on an annualized basis 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.