Kestra Advisory Services LLC Buys 2,325 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Kestra Advisory Services LLC raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 189,142 shares of the company’s stock after purchasing an additional 2,325 shares during the period. Kestra Advisory Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $15,468,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fulcrum Equity Management bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $472,000. Spreng Capital Management Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.3% during the fourth quarter. Spreng Capital Management Inc. now owns 29,109 shares of the company’s stock valued at $2,388,000 after buying an additional 1,461 shares during the last quarter. Element Wealth LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 25.7% during the fourth quarter. Element Wealth LLC now owns 21,945 shares of the company’s stock valued at $1,800,000 after buying an additional 4,488 shares during the last quarter. SWP Financial LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $338,000. Finally, RWA Wealth Partners LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 34.0% in the 4th quarter. RWA Wealth Partners LLC now owns 6,402 shares of the company’s stock worth $525,000 after acquiring an additional 1,623 shares during the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

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

NASDAQ SHY traded up $0.11 during trading hours on Friday, hitting $82.13. The company’s stock had a trading volume of 1,591,032 shares, compared to its average volume of 3,905,203. The company has a market capitalization of $24.16 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.62 and a 52 week high of $82.39. The company’s 50-day simple moving average is $81.60 and its two-hundred day simple moving average is $81.61.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a $0.2704 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.24 dividend on an annualized basis and a dividend yield of 3.95%.

iShares 1-3 Year Treasury Bond ETF 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.