Jaffetilchin Investment Partners LLC Has $22.42 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Jaffetilchin Investment Partners LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 269,682 shares of the company’s stock after buying an additional 25,072 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 1.7% of Jaffetilchin Investment Partners LLC’s portfolio, making the stock its 15th largest position. Jaffetilchin Investment Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $22,424,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Bond & Devick Financial Network Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 44.2% during the third quarter. Bond & Devick Financial Network Inc. now owns 5,374 shares of the company’s stock worth $447,000 after buying an additional 1,647 shares in the last quarter. TRU Independence Asset Management 2 LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $2,931,000. Beam Wealth Advisors Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.2% during the 3rd quarter. Beam Wealth Advisors Inc. now owns 323,001 shares of the company’s stock worth $26,858,000 after acquiring an additional 10,071 shares during the last quarter. Patten & Patten Inc. TN grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 15.6% in the 3rd quarter. Patten & Patten Inc. TN now owns 34,759 shares of the company’s stock worth $2,890,000 after acquiring an additional 4,688 shares in the last quarter. Finally, Arvest Investments Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% in the third quarter. Arvest Investments Inc. now owns 78,284 shares of the company’s stock valued at $6,509,000 after purchasing an additional 884 shares during the last quarter. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.98 on Monday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The firm’s 50-day simple moving average is $82.69 and its 200 day simple moving average is $82.12. The stock has a market cap of $22.14 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.2831 per share. The ex-dividend date was Friday, November 1st. This represents a $3.40 annualized dividend and a dividend yield of 4.14%. This is a boost 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.