Client 1ST Advisory Group LLC Takes $254,000 Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Client 1ST Advisory Group LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,101 shares of the company’s stock, valued at approximately $254,000.

Other large investors have also made changes to their positions in the company. Logan Capital Management Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $37,000. Global Trust Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $68,000. Creative Financial Designs Inc. ADV increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after purchasing an additional 167 shares in the last quarter. Eagle Bay Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $76,000. Finally, Bristlecone Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $78,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.08 on Monday. The stock has a 50-day simple moving average of $82.01 and a two-hundred day simple moving average of $82.33. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The firm has a market capitalization of $22.74 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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