Kestra Private Wealth Services LLC Acquires 6,205 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Kestra Private Wealth Services LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,759 shares of the company’s stock after buying an additional 6,205 shares during the period. Kestra Private Wealth Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,751,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after buying an additional 916 shares during the period. Squarepoint Ops LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 103.3% during the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after acquiring an additional 7,731 shares during the period. Darwin Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $70,000. NCM Capital Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 6.7% during the 2nd quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after acquiring an additional 603 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 2.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock worth $2,712,000 after acquiring an additional 919 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 iShares 1-3 Year Treasury Bond ETF stock opened at $82.19 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.86 and a one year high of $83.20. The business’s 50 day simple moving average is $82.19 and its two-hundred day simple moving average is $82.55. The stock has a market capitalization of $25.17 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.2429 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.