Ascent Group LLC Raises Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Ascent Group LLC grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 223.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 237,014 shares of the company’s stock after purchasing an additional 163,701 shares during the quarter. Ascent Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $19,639,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in SHY. Chesley Taft & Associates LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% in the 1st quarter. Chesley Taft & Associates LLC now owns 31,725 shares of the company’s stock worth $2,625,000 after buying an additional 661 shares during the period. Edge Wealth Management LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.3% during the 1st quarter. Edge Wealth Management LLC now owns 351,104 shares of the company’s stock worth $29,047,000 after purchasing an additional 4,507 shares during the last quarter. Enclave Advisors LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 3.5% in the first quarter. Enclave Advisors LLC now owns 55,942 shares of the company’s stock valued at $4,628,000 after purchasing an additional 1,897 shares during the last quarter. Pinnacle Wealth Management Group Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 5.4% in the first quarter. Pinnacle Wealth Management Group Inc. now owns 7,807 shares of the company’s stock valued at $646,000 after purchasing an additional 400 shares during the last quarter. Finally, A. D. Beadell Investment Counsel Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 2.4% in the first quarter. A. D. Beadell Investment Counsel Inc. now owns 5,526 shares of the company’s stock worth $457,000 after purchasing an additional 127 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.79 on Friday. The company has a 50-day simple moving average of $82.80 and a two-hundred day simple moving average of $82.63. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.67 and a one year high of $83.12. The company has a market capitalization of $23.97 billion, a PE ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be given a $0.2563 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.