iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is Values First Advisors Inc.’s 7th Largest Position

Values First Advisors Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,761 shares of the company’s stock after purchasing an additional 1,651 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.8% of Values First Advisors Inc.’s portfolio, making the stock its 7th biggest holding. Values First Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,083,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SHY. Criterion Capital Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at about $35,000. Future Financial Wealth Managment LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $36,000. Mather Group LLC. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $39,000. Atticus Wealth Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 76.0% in the 1st quarter. Atticus Wealth Management LLC now owns 549 shares of the company’s stock worth $45,000 after acquiring an additional 237 shares during the last quarter. Finally, Vestor Capital LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 28.8% in the 4th quarter. Vestor Capital LLC now owns 684 shares of the company’s stock valued at $56,000 after purchasing an additional 153 shares in the last quarter. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock traded up $0.09 on Friday, hitting $82.54. 2,987,113 shares of the company’s stock traded hands, compared to its average volume of 4,057,297. The stock has a market capitalization of $24.48 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The company’s fifty day simple moving average is $81.93 and its 200 day simple moving average is $81.65. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.62 and a one year high of $82.91.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were paid a dividend of $0.2725 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.27 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date was Thursday, August 1st.

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.