Latko Wealth Management Ltd. Has $695,000 Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Latko Wealth Management Ltd. grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 33.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,481 shares of the company’s stock after purchasing an additional 2,145 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 0.4% of Latko Wealth Management Ltd.’s holdings, making the stock its 18th largest position. Latko Wealth Management Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $695,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SHY. Golden State Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $30,000. Van ECK Associates Corp boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after acquiring an additional 187 shares in the last quarter. Logan Capital Management Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $37,000. AlphaMark Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $63,000. Finally, Wingate Wealth Advisors Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $64,000. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.10 on Friday. The company has a market cap of $23.14 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day moving average of $82.01 and a 200-day moving average of $82.36. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.