iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Beacon Financial Advisory LLC

Beacon Financial Advisory LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 31.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,745 shares of the company’s stock after acquiring an additional 901 shares during the period. Beacon Financial Advisory LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $307,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Robertson Stephens Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $415,000. Inman Jager Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $374,000. Choreo LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 3.9% in the fourth quarter. Choreo LLC now owns 23,895 shares of the company’s stock valued at $1,958,000 after acquiring an additional 894 shares during the last quarter. Nvwm LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Nvwm LLC now owns 19,737 shares of the company’s stock valued at $1,618,000 after acquiring an additional 270 shares in the last quarter. Finally, Money Concepts Capital Corp boosted its stake in iShares 1-3 Year Treasury Bond ETF by 3.4% in the fourth quarter. Money Concepts Capital Corp now owns 49,687 shares of the company’s stock valued at $4,073,000 after acquiring an additional 1,654 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY opened at $82.06 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The stock has a market capitalization of $23.12 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business’s 50-day simple moving average is $82.03 and its 200-day simple moving average is $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

iShares 1-3 Year Treasury Bond ETF Company 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.