KFA Private Wealth Group LLC Increases Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

KFA Private Wealth Group LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 231,246 shares of the company’s stock after acquiring an additional 27,262 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 6.8% of KFA Private Wealth Group LLC’s investment portfolio, making the stock its 5th largest position. KFA Private Wealth Group LLC owned approximately 0.07% of iShares 1-3 Year Treasury Bond ETF worth $18,971,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SHY. Impact Partnership Wealth LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 114.4% in the third quarter. Impact Partnership Wealth LLC now owns 641 shares of the company’s stock valued at $52,000 after buying an additional 342 shares during the period. DAVENPORT & Co LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 7.4% in the 3rd quarter. DAVENPORT & Co LLC now owns 14,106 shares of the company’s stock valued at $1,142,000 after purchasing an additional 970 shares during the period. Secure Asset Management LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 30.3% in the 3rd quarter. Secure Asset Management LLC now owns 7,371 shares of the company’s stock worth $597,000 after purchasing an additional 1,715 shares during the last quarter. Blue Fin Capital Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% during the third quarter. Blue Fin Capital Inc. now owns 23,544 shares of the company’s stock worth $1,906,000 after purchasing an additional 1,474 shares during the period. Finally, Jmac Enterprises LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 3.9% during the third quarter. Jmac Enterprises LLC now owns 104,607 shares of the company’s stock worth $8,470,000 after purchasing an additional 3,923 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY traded up $0.02 during mid-day trading on Friday, hitting $81.21. The company had a trading volume of 3,052,450 shares, compared to its average volume of 4,538,988. The firm has a market cap of $24.57 billion, a P/E ratio of 3,690.68 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.55 and a fifty-two week high of $82.60. The business’s fifty day moving average is $81.51 and its two-hundred day moving average is $81.56.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

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