Retirement Financial Solutions LLC Raises Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Retirement Financial Solutions LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,924 shares of the company’s stock after buying an additional 192 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 2.0% of Retirement Financial Solutions LLC’s investment portfolio, making the stock its 15th largest holding. Retirement Financial Solutions LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Latko Wealth Management Ltd. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $527,000. Janney Montgomery Scott LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 9.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 100,109 shares of the company’s stock valued at $8,324,000 after purchasing an additional 8,717 shares during the last quarter. White Pine Investment CO lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.2% in the 3rd quarter. White Pine Investment CO now owns 108,574 shares of the company’s stock valued at $9,028,000 after purchasing an additional 2,317 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 112.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 117,385 shares of the company’s stock valued at $9,761,000 after purchasing an additional 62,018 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $338,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.4 %

SHY opened at $82.05 on Monday. The business has a 50 day moving average price of $82.77 and a two-hundred day moving average price of $82.09. The company has a market cap of $22.16 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be paid a dividend of $0.2831 per share. The ex-dividend date is Friday, November 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 annualized dividend and a yield of 4.14%.

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.