iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Bought by Arbor Trust Wealth Advisors LLC

Arbor Trust Wealth Advisors LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,586 shares of the company’s stock after acquiring an additional 620 shares during the quarter. Arbor Trust Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $294,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Coppell Advisory Solutions Corp. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $30,000. Global Wealth Management Investment Advisory Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at about $35,000. Fortitude Family Office LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $45,000. Stonebridge Capital Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 55,400.0% during the fourth quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock valued at $45,000 after buying an additional 554 shares in the last quarter. Finally, Impact Partnership Wealth LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 114.4% during the third quarter. Impact Partnership Wealth LLC now owns 641 shares of the company’s stock valued at $52,000 after buying an additional 342 shares in the last quarter. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock traded down $0.05 during mid-day trading on Tuesday, reaching $81.13. 3,062,534 shares of the stock traded hands, compared to its average volume of 4,636,336. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.55 and a 52-week high of $82.60. The stock’s fifty day moving average is $81.61 and its 200-day moving average is $81.55.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2705 per share. This represents a $3.25 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend was Monday, April 1st.

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.