International Private Wealth Advisors LLC Buys 20,694 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

International Private Wealth Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 105.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,356 shares of the company’s stock after acquiring an additional 20,694 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 2.1% of International Private Wealth Advisors LLC’s portfolio, making the stock its 11th largest position. International Private Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,348,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in SHY. Cadence Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $5,524,000. Ameritas Advisory Services LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 89.1% during the third quarter. Ameritas Advisory Services LLC now owns 25,690 shares of the company’s stock worth $2,131,000 after purchasing an additional 12,106 shares in the last quarter. Columbia Bank purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $268,000. Santa Clara Valley Transportation Authority boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 19.7% in the 3rd quarter. Santa Clara Valley Transportation Authority now owns 329,537 shares of the company’s stock worth $27,338,000 after purchasing an additional 54,308 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 2.5% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock worth $437,000 after buying an additional 128 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $83.06 on Friday. The company has a market cap of $24.28 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business has a 50-day simple moving average of $82.84 and a two-hundred day simple moving average of $82.86. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.03 and a fifty-two week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.25 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, February 2nd.

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.