Proficio Capital Partners LLC Has $5.90 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Proficio Capital Partners LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 46.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 70,943 shares of the company’s stock after buying an additional 22,645 shares during the period. Proficio Capital Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,899,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LPL Financial LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 8.4% during the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after buying an additional 422,978 shares during the last quarter. Captrust Financial Advisors lifted its position in iShares 1-3 Year Treasury Bond ETF by 8.7% during the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after purchasing an additional 379,718 shares during the period. Raymond James & Associates lifted its position in iShares 1-3 Year Treasury Bond ETF by 9.1% during the second quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock worth $246,738,000 after purchasing an additional 250,959 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 5.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,658,189 shares of the company’s stock worth $135,391,000 after purchasing an additional 83,881 shares during the period. Finally, Cerity Partners OCIO LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $129,075,000. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1 %

Shares of NASDAQ SHY opened at $82.07 on Friday. The company 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 has a 12 month low of $80.91 and a 12 month high of $83.30. The stock has a 50-day moving average price of $82.69 and a two-hundred day moving average price of $82.11.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2831 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Friday, November 1st. This represents a $3.40 annualized dividend and a yield of 4.14%.

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.