iShares 1-3 Year Treasury Bond ETF $SHY is Buttonwood Financial Advisors Inc.’s 10th Largest Position

Buttonwood Financial Advisors Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 105,123 shares of the company’s stock after buying an additional 12,241 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 2.9% of Buttonwood Financial Advisors Inc.’s investment portfolio, making the stock its 10th biggest position. Buttonwood Financial Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,706,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Key Financial Inc boosted its position 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 buying an additional 196 shares during the period. Lodestone Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $29,000. Holos Integrated Wealth LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $29,000. Valley National Advisers Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $33,000. Finally, Accredited Wealth Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% in the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after purchasing an additional 150 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.16 on Wednesday. The company has a 50 day moving average price of $82.48 and a 200-day moving average price of $82.74. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.10 and a fifty-two week high of $83.20. The stock has a market capitalization of $25.16 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a $0.2428 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, May 1st.

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.