Berger Financial Group Inc Boosts Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Berger Financial Group Inc boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 13.9% in the 4th quarter, HoldingsChannel reports. The fund owned 7,200 shares of the company’s stock after acquiring an additional 881 shares during the quarter. Berger Financial Group Inc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $590,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Hobbs Group Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Hobbs Group Advisors LLC now owns 9,916 shares of the company’s stock worth $813,000 after acquiring an additional 136 shares during the period. Spreng Capital Management Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 1.4% during the fourth quarter. Spreng Capital Management Inc. now owns 10,388 shares of the company’s stock worth $852,000 after purchasing an additional 140 shares in the last quarter. Blueprint Investment Partners LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 2.2% in the fourth quarter. Blueprint Investment Partners LLC now owns 6,666 shares of the company’s stock valued at $546,000 after purchasing an additional 142 shares during the last quarter. Center For Asset Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% in the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after buying an additional 145 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock worth $582,000 after buying an additional 147 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

Shares of NASDAQ SHY opened at $82.84 on Monday. The company’s 50-day moving average price is $82.53 and its 200 day moving average price is $82.25. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The stock has a market cap of $24.28 billion, a price-to-earnings ratio of 3,762.27 and a beta of 0.04.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were given a $0.2798 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $3.36 annualized dividend and a dividend yield of 4.05%.

About iShares 1-3 Year Treasury Bond ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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