Evolution Wealth Advisors LLC Invests $271,000 in iShares 1-3 Year Treasury Bond ETF $SHY

Evolution Wealth Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 3,270 shares of the company’s stock, valued at approximately $271,000.

A number of other hedge funds have also recently bought and sold shares of the business. Alamar Capital Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 182.1% during the 1st quarter. Alamar Capital Management LLC now owns 62,833 shares of the company’s stock worth $5,198,000 after acquiring an additional 40,561 shares in the last quarter. Irenic Capital Management LP lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 400.0% during the first quarter. Irenic Capital Management LP now owns 30,000 shares of the company’s stock worth $2,482,000 after purchasing an additional 24,000 shares during the last quarter. IFP Advisors Inc grew its stake in iShares 1-3 Year Treasury Bond ETF by 5.9% in the first quarter. IFP Advisors Inc now owns 12,807 shares of the company’s stock worth $1,059,000 after purchasing an additional 716 shares in the last quarter. Deutsche Bank AG increased its holdings in iShares 1-3 Year Treasury Bond ETF by 124.7% in the first quarter. Deutsche Bank AG now owns 19,004 shares of the company’s stock valued at $1,572,000 after buying an additional 10,547 shares during the last quarter. Finally, Silver Oak Securities Incorporated increased its holdings in iShares 1-3 Year Treasury Bond ETF by 96.0% in the second quarter. Silver Oak Securities Incorporated now owns 153,099 shares of the company’s stock valued at $12,686,000 after buying an additional 74,972 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1%

NASDAQ:SHY opened at $82.80 on Friday. The company has a market cap of $23.90 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business’s 50 day moving average is $82.92 and its two-hundred day moving average is $82.70. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.67 and a 52 week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a dividend of $0.2627 per share. This represents a c) annualized dividend and a yield of 3.8%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date was Monday, November 3rd.

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.