Jaffetilchin Investment Partners LLC Has $27.76 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

Jaffetilchin Investment Partners LLC grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 335,126 shares of the company’s stock after buying an additional 6,651 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 1.6% of Jaffetilchin Investment Partners LLC’s portfolio, making the stock its 16th biggest holding. Jaffetilchin Investment Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $27,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of SHY. Key Financial Inc lifted its stake in 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 valued at $26,000 after purchasing an additional 196 shares during the last quarter. Pflug Koory LLC increased its position in 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 buying an additional 287 shares during the last quarter. Holos Integrated Wealth LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $29,000. Delos Wealth Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $29,000. Finally, Accredited Wealth Management LLC raised its stake 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 period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

SHY opened at $82.50 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $82.21 and a 12-month high of $83.20. The business has a 50 day moving average of $82.77 and a 200-day moving average of $82.85. The stock has a market cap of $24.11 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.