Focus Partners Wealth Has $106.52 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Focus Partners Wealth grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,287,588 shares of the company’s stock after buying an additional 7,827 shares during the period. Focus Partners Wealth’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $106,522,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Godsey & Gibb Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $26,000. Carolinas Wealth Consulting LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 162.2% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock worth $34,000 after acquiring an additional 253 shares in the last quarter. WestEnd Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $35,000. CENTRAL TRUST Co boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 575.4% in the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock worth $36,000 after acquiring an additional 374 shares in the last quarter. Finally, WFA Asset Management Corp bought a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $38,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1%

SHY stock opened at $82.90 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.67 and a twelve month high of $83.30. The stock’s 50 day moving average is $82.65 and its 200-day moving average is $82.57. The firm has a market capitalization of $23.44 billion, a PE ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a $0.2584 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Tuesday, September 2nd.

About iShares 1-3 Year Treasury Bond ETF

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.