iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Purchased by Flagship Private Wealth LLC

Flagship Private Wealth LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 666.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 55,089 shares of the company’s stock after acquiring an additional 47,906 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 2.4% of Flagship Private Wealth LLC’s holdings, making the stock its 12th largest holding. Flagship Private Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,581,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Guidance Capital Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock valued at $280,000 after acquiring an additional 359 shares during the period. Gradient Investments LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 1,316.2% during the second quarter. Gradient Investments LLC now owns 963 shares of the company’s stock worth $79,000 after purchasing an additional 895 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 13.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock worth $4,490,000 after buying an additional 6,493 shares during the period. School Employees Retirement Board of Ohio acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $10,123,000. Finally, Burke & Herbert Bank & Trust Co. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $1,459,000. Institutional investors and hedge funds own 23.62% of the company’s stock.

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

SHY opened at $82.09 on Wednesday. The stock’s 50-day moving average price is $82.74 and its 200 day moving average price is $82.10. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The firm has a market cap of $22.17 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st will be paid a $0.2831 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date is Friday, November 1st. This represents a $3.40 annualized dividend and a dividend yield of 4.14%.

iShares 1-3 Year Treasury Bond ETF 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.