iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 491.6% during the third quarter, HoldingsChannel reports. The fund owned 15,488 shares of the company’s stock after acquiring an additional 12,870 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,285,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SHY. Key Financial Inc increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% in the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after purchasing an additional 196 shares during the last quarter. Pflug Koory LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% during the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 287 shares during the last quarter. Delos Wealth Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $29,000. Howe & Rusling Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after purchasing an additional 361 shares in the last quarter. Finally, Accredited Wealth Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 50.0% in the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after buying an additional 150 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

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

Shares of NASDAQ SHY opened at $82.65 on Tuesday. The stock’s 50 day moving average price is $82.86 and its two-hundred day moving average price is $82.88. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $82.21 and a 52-week high of $83.20. The stock has a market capitalization of $24.16 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.223 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Monday, March 2nd.

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.