MBA Advisors LLC Raises Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

MBA Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 11.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 138,014 shares of the company’s stock after acquiring an additional 13,882 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for approximately 3.7% of MBA Advisors LLC’s holdings, making the stock its 8th biggest holding. MBA Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $11,332,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SHY. Innova Wealth Partners increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 134.6% in the first quarter. Innova Wealth Partners now owns 318,143 shares of the company’s stock worth $26,269,000 after buying an additional 182,540 shares during the period. Bleakley Financial Group LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 21.1% during the 4th quarter. Bleakley Financial Group LLC now owns 892,689 shares of the company’s stock valued at $73,932,000 after acquiring an additional 155,812 shares during the period. Ruggiero Investments Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $1,344,000. Win Advisors Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $904,000. Finally, Axxcess Wealth Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 35.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 109,743 shares of the company’s stock worth $9,089,000 after acquiring an additional 28,628 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.64 on Thursday. The business’s 50 day simple moving average is $81.94 and its two-hundred day simple moving average is $82.24. The stock has a market capitalization of $25.01 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.59 and a one year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, September 1st will be paid a $0.244 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, September 1st.

iShares 1-3 Year Treasury Bond ETF Profile

(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.

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

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