Edge Wealth Management LLC Has $30.14 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Edge Wealth Management LLC decreased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 368,490 shares of the company’s stock after selling 17,401 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 6.3% of Edge Wealth Management LLC’s investment portfolio, making the stock its 4th largest holding. Edge Wealth Management LLC owned 0.12% of iShares 1-3 Year Treasury Bond ETF worth $30,135,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $36,000. Mather Group LLC. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at $39,000. Fortitude Family Office LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $45,000. Cedar Mountain Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $55,000. Finally, Vestor Capital LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 28.8% during the 4th quarter. Vestor Capital LLC now owns 684 shares of the company’s stock worth $56,000 after acquiring an additional 153 shares in the last quarter. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

Shares of iShares 1-3 Year Treasury Bond ETF stock traded up $0.10 on Friday, reaching $81.74. 328,991 shares of the company were exchanged, compared to its average volume of 3,984,198. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.55 and a fifty-two week high of $82.39. The firm has a market capitalization of $24.55 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock has a fifty day moving average price of $81.38 and a 200-day moving average price of $81.63.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were paid a dividend of $0.2621 per share. This represents a $3.15 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date was Monday, June 3rd.

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.