Kestra Advisory Services LLC Acquires 44,542 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Kestra Advisory Services LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 16.8% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 310,015 shares of the company’s stock after acquiring an additional 44,542 shares during the period. Kestra Advisory Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $25,173,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SHY. Bank of America Corp DE boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% during the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after acquiring an additional 3,451,890 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock worth $471,783,000 after purchasing an additional 165,473 shares during the last quarter. RPOA Advisors Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $301,889,000. The Manufacturers Life Insurance Company raised its stake in iShares 1-3 Year Treasury Bond ETF by 225.0% in the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after purchasing an additional 2,454,485 shares in the last quarter. Finally, Assetmark Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 46.1% in the first quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock valued at $262,216,000 after purchasing an additional 1,002,453 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.63 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.95 and a 1 year high of $83.20. The firm has a market cap of $27.55 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company has a 50 day simple moving average of $81.38 and a two-hundred day simple moving average of $82.08.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a $0.2544 dividend. This represents a $3.05 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, November 2nd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410.

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.