iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Bought by Two West Capital Advisors LLC

Two West Capital Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 28.5% in the fourth quarter, HoldingsChannel reports. The fund owned 7,948 shares of the company’s stock after purchasing an additional 1,763 shares during the period. Two West Capital Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $652,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of SHY. SPC Financial Inc. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after purchasing an additional 140 shares during the last quarter. Center For Asset Management LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.8% in the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after purchasing an additional 145 shares during the period. Redhawk Wealth Advisors Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock worth $582,000 after buying an additional 147 shares in the last quarter. Acorn Wealth Advisors LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after purchasing an additional 152 shares during the last quarter. Finally, Rehmann Capital Advisory Group increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.6% in the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after buying an additional 152 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.14 on Monday. The firm has a market cap of $23.02 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 1 year low of $80.91 and a 1 year high of $83.30. The stock’s 50-day moving average is $82.02 and its two-hundred day moving average is $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.