Silver Oak Securities Incorporated Boosts Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Silver Oak Securities Incorporated grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 101,859 shares of the company’s stock after acquiring an additional 8,480 shares during the period. Silver Oak Securities Incorporated’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,410,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. MCF Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $25,000. Lodestone Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $29,000. Holos Integrated Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $29,000. Valley National Advisers Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $33,000. Finally, Accredited Wealth Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 50.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after purchasing an additional 150 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%

Shares of SHY opened at $82.07 on Thursday. The business’s 50 day moving average is $82.20 and its two-hundred day moving average is $82.56. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.86 and a 52-week high of $83.20. The firm has a market cap of $25.13 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.2429 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date was Monday, June 1st.

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.