SPC Financial Inc. Has $492,000 Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

SPC Financial Inc. grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,016 shares of the company’s stock after buying an additional 349 shares during the quarter. SPC Financial Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $492,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SHY. Barrett & Company Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Barrett & Company Inc. now owns 9,375 shares of the company’s stock worth $769,000 after acquiring an additional 125 shares during the last quarter. Advanced Asset Management Advisors Inc boosted its position in iShares 1-3 Year Treasury Bond ETF by 1.5% in the fourth quarter. Advanced Asset Management Advisors Inc now owns 8,627 shares of the company’s stock valued at $708,000 after buying an additional 128 shares in the last quarter. Verdence Capital Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.7% during the fourth quarter. Verdence Capital Advisors LLC now owns 5,043 shares of the company’s stock worth $414,000 after buying an additional 133 shares during the last quarter. SWP Financial LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.4% during the first quarter. SWP Financial LLC now owns 4,264 shares of the company’s stock worth $349,000 after buying an additional 142 shares in the last quarter. Finally, EP Wealth Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.1% in the 4th quarter. EP Wealth Advisors LLC now owns 1,939 shares of the company’s stock valued at $159,000 after acquiring an additional 145 shares during the last quarter. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1 %

Shares of SHY stock opened at $81.89 on Friday. The firm has a market capitalization of $24.06 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.62 and a twelve month high of $82.39. The stock’s fifty day simple moving average is $81.46 and its 200 day simple moving average is $81.62.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were given a dividend of $0.2704 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $3.24 annualized dividend and a yield of 3.96%.

About iShares 1-3 Year Treasury Bond ETF

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.