IFP Advisors Inc Purchases 61,350 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

IFP Advisors Inc grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 650.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 70,789 shares of the company’s stock after acquiring an additional 61,350 shares during the quarter. IFP Advisors Inc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,873,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Captrust Financial Advisors lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% in the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after purchasing an additional 6,281,496 shares in the last quarter. Laurel Wealth Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 8,100.4% in the second quarter. Laurel Wealth Advisors LLC now owns 2,519,904 shares of the company’s stock valued at $208,799,000 after purchasing an additional 2,489,175 shares in the last quarter. Mizuho Markets Americas LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 93.4% in the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock valued at $414,820,000 after purchasing an additional 2,414,144 shares in the last quarter. Proficio Capital Partners LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 1,164.2% in the 3rd quarter. Proficio Capital Partners LLC now owns 1,040,956 shares of the company’s stock valued at $86,358,000 after buying an additional 958,615 shares during the last quarter. Finally, Barclays PLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 102.6% in the 3rd quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock valued at $124,950,000 after buying an additional 762,773 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.49 on Friday. The company’s 50-day moving average price is $82.84 and its two-hundred day moving average price is $82.88. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.21 and a one year high of $83.20. The stock has a market capitalization of $24.11 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.223 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%.

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.