Strategic Wealth Partners Ltd. Increases Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Strategic Wealth Partners Ltd. boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,231 shares of the company’s stock after purchasing an additional 1,235 shares during the quarter. Strategic Wealth Partners Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $921,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SHY. Arkadios Wealth Advisors increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 26.0% in the 4th quarter. Arkadios Wealth Advisors now owns 12,792 shares of the company’s stock worth $1,049,000 after acquiring an additional 2,639 shares during the last quarter. HB Wealth Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.8% in the 4th quarter. HB Wealth Management LLC now owns 4,123 shares of the company’s stock worth $338,000 after acquiring an additional 623 shares during the last quarter. Ameritas Advisory Services LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 777.1% in the 4th quarter. Ameritas Advisory Services LLC now owns 22,093 shares of the company’s stock worth $1,811,000 after acquiring an additional 19,574 shares during the last quarter. Krilogy Financial LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 44.9% in the 4th quarter. Krilogy Financial LLC now owns 16,000 shares of the company’s stock worth $1,312,000 after acquiring an additional 4,960 shares during the last quarter. Finally, Financial Management Professionals Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 16.9% in the 4th quarter. Financial Management Professionals Inc. now owns 15,600 shares of the company’s stock worth $1,279,000 after acquiring an additional 2,260 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

Shares of SHY opened at $82.40 on Monday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.21 and a 52-week high of $83.30. The company has a market capitalization of $23.87 billion, a PE ratio of 3,747.73 and a beta of 0.04. The stock has a fifty day simple moving average of $82.59 and a two-hundred day simple moving average of $82.27.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were given 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 was 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.