Fiduciary Alliance LLC Has $550,000 Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Fiduciary Alliance LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 138.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,754 shares of the company’s stock after buying an additional 3,926 shares during the period. Fiduciary Alliance LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $550,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Criterion Capital Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at about $35,000. Future Financial Wealth Managment LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $36,000. Mather Group LLC. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $39,000. Atticus Wealth Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 76.0% in the first quarter. Atticus Wealth Management LLC now owns 549 shares of the company’s stock worth $45,000 after purchasing an additional 237 shares in the last quarter. Finally, Vestor Capital LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 28.8% in the fourth quarter. Vestor Capital LLC now owns 684 shares of the company’s stock worth $56,000 after buying an additional 153 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY traded down $0.05 during midday trading on Wednesday, hitting $82.50. The stock had a trading volume of 5,774,275 shares, compared to its average volume of 4,065,016. The firm has a market cap of $24.47 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.62 and a 1 year high of $82.91. The stock’s 50 day moving average is $81.74 and its 200 day moving average is $81.62.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a dividend of $0.2725 per share. The ex-dividend date was Thursday, August 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.27 dividend on an annualized basis 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.