Aspire Growth Partners LLC Takes Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Aspire Growth Partners LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,512 shares of the company’s stock, valued at approximately $1,190,000. iShares 1-3 Year Treasury Bond ETF makes up about 1.2% of Aspire Growth Partners LLC’s portfolio, making the stock its 21st biggest position.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 47.8% in the 4th quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock valued at $946,428,000 after buying an additional 3,731,847 shares during the period. Proficio Capital Partners LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after acquiring an additional 8,173,293 shares in the last quarter. Wells Fargo & Company MN grew its stake in iShares 1-3 Year Treasury Bond ETF by 1.1% in the fourth quarter. Wells Fargo & Company MN now owns 5,483,336 shares of the company’s stock valued at $449,524,000 after acquiring an additional 59,920 shares during the period. Bank of Montreal Can increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.9% during the fourth quarter. Bank of Montreal Can now owns 5,182,691 shares of the company’s stock valued at $424,877,000 after acquiring an additional 47,346 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $389,029,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.2 %

NASDAQ SHY opened at $82.53 on Friday. The company has a market cap of $24.19 billion, a P/E ratio of 3,762.27 and a beta of 0.01. The company has a fifty day simple moving average of $82.59 and a 200 day simple moving average of $82.27. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.21 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st will be issued a dividend of $0.2592 per share. This represents a $3.11 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend is Thursday, May 1st.

iShares 1-3 Year Treasury Bond ETF Company 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.