iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Fonville Wealth Management LLC

Fonville Wealth Management LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 50.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 6,201 shares of the company’s stock after buying an additional 2,075 shares during the quarter. Fonville Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $514,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Kingstone Capital Partners Texas LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 593,415.6% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 45,617,609 shares of the company’s stock valued at $3,728,910,000 after purchasing an additional 45,609,923 shares during the last quarter. Assetmark Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 123.2% during the 2nd quarter. Assetmark Inc. now owns 7,098,025 shares of the company’s stock worth $588,142,000 after acquiring an additional 3,917,307 shares during the period. LPL Financial LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.5% in the first quarter. LPL Financial LLC now owns 6,855,478 shares of the company’s stock worth $567,154,000 after purchasing an additional 417,922 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 74.0% during the second quarter. Bank of New York Mellon Corp now owns 6,430,879 shares of the company’s stock valued at $532,863,000 after purchasing an additional 2,734,684 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 6.8% in the first quarter. Raymond James Financial Inc. now owns 5,068,597 shares of the company’s stock worth $419,325,000 after purchasing an additional 323,185 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0%

Shares of NASDAQ:SHY opened at $82.83 on Friday. The company has a 50 day moving average of $82.92 and a 200-day moving average of $82.69. The firm has a market cap of $23.91 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.67 and a twelve month high of $83.14.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a dividend of $0.2627 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date of this dividend was Monday, November 3rd.

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.