Family Wealth Partners LLC Buys 2,377 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Family Wealth Partners LLC increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,601 shares of the company’s stock after purchasing an additional 2,377 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 1.3% of Family Wealth Partners LLC’s portfolio, making the stock its 20th largest position. Family Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,673,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. School Employees Retirement Board of Ohio bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $10,123,000. Eagle Asset Management Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 17.0% during the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after buying an additional 1,938 shares during the last quarter. TPG Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter worth approximately $295,000. Alternative Investment Advisors LLC. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $350,000. Finally, Park Avenue Securities LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 30.4% during the 3rd quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock valued at $7,261,000 after acquiring an additional 20,384 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.10 on Friday. The stock has a market cap of $22.75 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock’s fifty day moving average is $82.01 and its 200 day moving average is $82.32. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.2804 dividend. This represents a $3.36 annualized dividend and a dividend yield of 4.10%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.