Entelevest LLC Purchases Shares of 28,449 iShares 1-3 Year Treasury Bond ETF $SHY

Entelevest LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 28,449 shares of the company’s stock, valued at approximately $2,356,000. iShares 1-3 Year Treasury Bond ETF accounts for 2.4% of Entelevest LLC’s holdings, making the stock its 8th largest position.

Several other institutional investors have also added to or reduced their stakes in the business. Captrust Financial Advisors boosted its position in iShares 1-3 Year Treasury Bond ETF by 58.5% during the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after buying an additional 6,281,496 shares during the period. Bank of America Corp DE boosted its position in iShares 1-3 Year Treasury Bond ETF by 1.1% during the third quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock valued at $973,965,000 after buying an additional 133,178 shares during the period. JPMorgan Chase & Co. boosted its position in iShares 1-3 Year Treasury Bond ETF by 4.6% during the fourth quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock valued at $878,695,000 after buying an additional 467,629 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in iShares 1-3 Year Treasury Bond ETF by 387.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after buying an additional 4,206,546 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 5.8% during the third quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock valued at $388,325,000 after buying an additional 257,934 shares during the period. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $81.94 on Thursday. The company has a 50-day simple moving average of $82.28 and a two-hundred day simple moving average of $82.62. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.86 and a 12-month high of $83.20. The firm has a market cap of $25.09 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.2429 per share. The ex-dividend date was Monday, June 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a yield of 3.6%.

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.