Biltmore Family Office LLC Has $6.03 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Biltmore Family Office LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 72,470 shares of the company’s stock after buying an additional 3,146 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for approximately 1.0% of Biltmore Family Office LLC’s holdings, making the stock its 15th biggest holding. Biltmore Family Office LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,026,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SHY. Eagle Asset Management Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 17.0% in the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after acquiring an additional 1,938 shares during the period. LPL Financial LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after purchasing an additional 1,193,337 shares in the last quarter. America First Investment Advisors LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 12.1% in the third quarter. America First Investment Advisors LLC now owns 415,403 shares of the company’s stock valued at $34,541,000 after buying an additional 44,917 shares in the last quarter. King Luther Capital Management Corp grew its stake in iShares 1-3 Year Treasury Bond ETF by 5.9% during the third quarter. King Luther Capital Management Corp now owns 4,206 shares of the company’s stock worth $350,000 after buying an additional 234 shares during the last quarter. Finally, Darwin Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $99,000. 23.62% of the stock is owned by institutional investors.

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

NASDAQ:SHY opened at $82.02 on Friday. The stock has a market capitalization of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The firm has a 50 day moving average of $82.54 and a 200-day moving average of $82.16.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.