COFG Advisors LLC Invests $2.54 Million in iShares 1-3 Year Treasury Bond ETF $SHY

COFG Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 30,618 shares of the company’s stock, valued at approximately $2,536,000.

A number of other hedge funds have also modified their holdings of the company. TruWealth Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% in the 4th quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock valued at $234,000 after acquiring an additional 121 shares during the period. Bryn Mawr Trust Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after acquiring an additional 126 shares during the period. Savant Capital LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock valued at $737,000 after acquiring an additional 126 shares during the period. Onyx Bridge Wealth Group LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock valued at $437,000 after acquiring an additional 128 shares during the period. Finally, ESL Trust Services LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.5% in the 3rd quarter. ESL Trust Services LLC now owns 2,194 shares of the company’s stock valued at $182,000 after acquiring an additional 133 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.01 on Tuesday. The company has a market capitalization of $25.11 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s 50 day simple moving average is $82.33 and its 200 day simple moving average is $82.67. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.94 and a fifty-two week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.2429 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date is Monday, June 1st. This represents a c) annualized dividend and a yield of 3.6%.

About iShares 1-3 Year Treasury Bond ETF

(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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