Tactive Advisors LLC Has $2.09 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Tactive Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 39.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,347 shares of the company’s stock after acquiring an additional 7,202 shares during the period. Tactive Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,093,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. MCF Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $25,000. Holos Integrated Wealth LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $29,000. Lodestone Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $29,000. Valley National Advisers Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $33,000. Finally, Accredited Wealth Management LLC boosted 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 worth $37,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $81.99 on Monday. The stock’s fifty day moving average is $82.23 and its 200-day moving average is $82.58. The stock has a market capitalization of $25.11 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.86 and a 52 week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

About iShares 1-3 Year Treasury Bond ETF

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.