ORG Partners LLC Raises Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

ORG Partners LLC grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,703 shares of the company’s stock after purchasing an additional 2,049 shares during the period. ORG Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,091,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. SPC Financial Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 2.3% during the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock worth $522,000 after purchasing an additional 140 shares during the period. Acorn Wealth Advisors LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the third quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after buying an additional 152 shares during the last quarter. Rehmann Capital Advisory Group grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.6% during the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock worth $2,199,000 after acquiring an additional 152 shares during the period. D.A. Davidson & CO. raised its position in iShares 1-3 Year Treasury Bond ETF by 1.6% during the third quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock valued at $818,000 after acquiring an additional 153 shares in the last quarter. Finally, BOKF NA lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.3% in the second quarter. BOKF NA now owns 4,882 shares of the company’s stock valued at $399,000 after acquiring an additional 154 shares during the period. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

iShares 1-3 Year Treasury Bond ETF stock traded down $0.09 during mid-day trading on Friday, hitting $81.89. The company had a trading volume of 762,381 shares, compared to its average volume of 2,746,962. The company has a market capitalization of $22.73 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 company’s fifty day moving average is $82.02 and its 200-day moving average is $82.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date was Wednesday, December 18th.

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.