RPg Family Wealth Advisory LLC Takes Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

RPg Family Wealth Advisory LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, HoldingsChannel reports. The fund acquired 12,671 shares of the company’s stock, valued at approximately $1,054,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Patriot Financial Group Insurance Agency LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.0% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 2,758 shares of the company’s stock worth $225,000 after purchasing an additional 131 shares during the period. Patton Fund Management Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 1.8% during the second quarter. Patton Fund Management Inc. now owns 7,767 shares of the company’s stock valued at $634,000 after acquiring an additional 140 shares during the last quarter. SPC Financial Inc. grew its holdings 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 acquiring an additional 140 shares during the period. Secure Asset Management LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.0% in the 2nd quarter. Secure Asset Management LLC now owns 7,528 shares of the company’s stock worth $615,000 after acquiring an additional 148 shares in the last quarter. Finally, Aveo Capital Partners LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.0% in the 2nd quarter. Aveo Capital Partners LLC now owns 15,054 shares of the company’s stock worth $1,229,000 after acquiring an additional 148 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.17 on Wednesday. The stock’s 50 day moving average price is $82.47 and its two-hundred day moving average price is $82.19. The stock has a market capitalization of $22.19 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 52-week low of $80.91 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a $0.2831 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 4.13%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Friday, November 1st.

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.