Optimum Investment Advisors Acquires 1,455 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Optimum Investment Advisors boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 26.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 6,934 shares of the company’s stock after buying an additional 1,455 shares during the period. Optimum Investment Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $575,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in SHY. DMC Group LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.7% during the 1st quarter. DMC Group LLC now owns 7,417 shares of the company’s stock valued at $614,000 after buying an additional 122 shares in the last quarter. CNB Bank raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.6% during the 1st quarter. CNB Bank now owns 2,018 shares of the company’s stock valued at $167,000 after buying an additional 125 shares in the last quarter. Apollon Wealth Management LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the 1st quarter. Apollon Wealth Management LLC now owns 21,474 shares of the company’s stock valued at $1,777,000 after buying an additional 125 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 125 shares in the last quarter. Finally, Robinson Value Management Ltd. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the 1st quarter. Robinson Value Management Ltd. now owns 18,177 shares of the company’s stock valued at $1,504,000 after purchasing an additional 128 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $83.11 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.67 and a 52 week high of $83.14. The firm’s fifty day moving average is $82.91 and its 200 day moving average is $82.68. The firm has a market cap of $24.34 billion, a P/E ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a $0.2563 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

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.