Proficio Capital Partners LLC Buys 22,645 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Proficio Capital Partners LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 46.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,943 shares of the company’s stock after purchasing an additional 22,645 shares during the period. Proficio Capital Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,899,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. WestEnd Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $30,000. Financial Connections Group Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $31,000. Rational Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $67,000. Global Trust Asset Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $68,000. Finally, Creative Financial Designs Inc. ADV grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after purchasing an additional 167 shares in the last quarter. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.07 on Friday. The firm has a market cap of $22.17 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock has a 50 day simple moving average of $82.69 and a two-hundred day simple moving average of $82.11. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.2831 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.40 annualized dividend and a yield of 4.14%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.