RIA Advisory Group LLC Invests $35.83 Million in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

RIA Advisory Group LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 436,673 shares of the company’s stock, valued at approximately $35,825,000. iShares 1-3 Year Treasury Bond ETF accounts for approximately 10.4% of RIA Advisory Group LLC’s portfolio, making the stock its 3rd largest position. RIA Advisory Group LLC owned approximately 0.14% of iShares 1-3 Year Treasury Bond ETF at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SHY. Coppell Advisory Solutions Corp. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $30,000. Global Wealth Management Investment Advisory Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at about $35,000. Fortitude Family Office LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $45,000. Stonebridge Capital Advisors LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 55,400.0% during the fourth quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock valued at $45,000 after purchasing an additional 554 shares in the last quarter. Finally, Impact Partnership Wealth LLC raised its position in 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 valued at $52,000 after purchasing an additional 342 shares in the last quarter. 23.62% of the stock is owned by institutional investors.

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

NASDAQ SHY traded up $0.02 during trading hours on Friday, reaching $81.17. 2,784,022 shares of the stock traded hands, compared to its average volume of 4,580,466. The stock has a 50 day simple moving average of $81.57 and a two-hundred day simple moving average of $81.54. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.55 and a 1 year high of $82.60.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.2705 per share. The ex-dividend date was Monday, April 1st. This represents a $3.25 dividend on an annualized basis and a yield of 4.00%.

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.