Silver Oak Securities Incorporated Has $523,000 Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Silver Oak Securities Incorporated increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 215.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 6,369 shares of the company’s stock after purchasing an additional 4,351 shares during the quarter. Silver Oak Securities Incorporated’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $523,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Fortitude Family Office LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $45,000. Cedar Mountain Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $55,000. Financial Gravity Asset Management Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 771.6% during the third quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock worth $57,000 after purchasing an additional 625 shares during the period. Halpern Financial Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $62,000. Finally, Ritter Daniher Financial Advisory LLC DE lifted its stake in iShares 1-3 Year Treasury Bond ETF by 28.8% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 773 shares of the company’s stock worth $63,000 after purchasing an additional 173 shares during the period. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

Shares of SHY opened at $81.25 on Tuesday. The stock has a market cap of $24.64 billion, a price-to-earnings ratio of 3,690.68 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.60. The company has a 50-day moving average price of $81.50 and a two-hundred day moving average price of $81.57.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2705 per share. This represents a $3.25 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date was Monday, April 1st.

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.