Larson Financial Group LLC Increases Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Larson Financial Group LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 88.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 166,996 shares of the company’s stock after buying an additional 78,519 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 0.8% of Larson Financial Group LLC’s holdings, making the stock its 26th biggest holding. Larson Financial Group LLC owned 0.06% of iShares 1-3 Year Treasury Bond ETF worth $13,886,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of SHY. WestEnd Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $30,000. Financial Connections Group Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $31,000. 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. Rational Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $67,000. Finally, Creative Financial Designs Inc. ADV lifted its position in iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares during the period. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.01 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The company has a market cap of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The business has a fifty day moving average of $82.51 and a two-hundred day moving average of $82.17.

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 given a dividend of $0.2831 per share. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date was Friday, November 1st.

iShares 1-3 Year Treasury Bond ETF 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.