Ashton Thomas Private Wealth LLC Purchases 998 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Ashton Thomas Private Wealth LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,092 shares of the company’s stock after acquiring an additional 998 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,688,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SHY. GenTrust LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 307.3% in the first quarter. GenTrust LLC now owns 19,782 shares of the company’s stock valued at $1,618,000 after buying an additional 14,925 shares in the last quarter. Willis Johnson & Associates Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% during the first quarter. Willis Johnson & Associates Inc. now owns 299,942 shares of the company’s stock worth $24,529,000 after acquiring an additional 15,697 shares during the last quarter. American National Bank & Trust Co. VA bought a new position in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $1,246,000. Legacy Wealth Asset Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 2.3% during the first quarter. Legacy Wealth Asset Management LLC now owns 17,861 shares of the company’s stock worth $1,461,000 after buying an additional 394 shares during the last quarter. Finally, DMC Group LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.8% in the 1st quarter. DMC Group LLC now owns 5,971 shares of the company’s stock valued at $488,000 after purchasing an additional 903 shares during the period. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock traded up $0.12 during trading hours on Friday, hitting $81.62. 426,128 shares of the company were exchanged, compared to its average volume of 3,952,515. The firm has a market cap of $24.01 billion, a P/E ratio of 3,695.45 and a beta of 0.01. 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 company has a 50 day simple moving average of $81.41 and a two-hundred day simple moving average of $81.62.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be paid a $0.2704 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $3.24 annualized dividend and a dividend yield of 3.98%.

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.