288,044 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Acquired by Moment Partners LLC

Moment Partners LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 288,044 shares of the company’s stock, valued at approximately $23,784,000. iShares 1-3 Year Treasury Bond ETF comprises about 4.2% of Moment Partners LLC’s investment portfolio, making the stock its 7th largest holding. Moment Partners LLC owned about 0.09% of iShares 1-3 Year Treasury Bond ETF at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Global Assets Advisory LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 12.8% in the 1st quarter. Global Assets Advisory LLC now owns 3,630 shares of the company’s stock valued at $288,000 after acquiring an additional 413 shares during the last quarter. Diversify Wealth Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 20.9% during the 1st quarter. Diversify Wealth Management LLC now owns 10,813 shares of the company’s stock worth $891,000 after acquiring an additional 1,868 shares during the last quarter. Towercrest Capital Management grew its position in iShares 1-3 Year Treasury Bond ETF by 6.1% during the 1st quarter. Towercrest Capital Management now owns 20,754 shares of the company’s stock worth $1,714,000 after acquiring an additional 1,194 shares during the last quarter. Valmark Advisers Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 414.7% in the 1st quarter. Valmark Advisers Inc. now owns 21,992 shares of the company’s stock worth $1,816,000 after purchasing an additional 17,719 shares in the last quarter. Finally, 180 Wealth Advisors LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 24.8% in the 1st quarter. 180 Wealth Advisors LLC now owns 7,856 shares of the company’s stock worth $649,000 after purchasing an additional 1,563 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.88 on Monday. The company has a market capitalization of $25.73 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.81 and a 12 month high of $83.20. The stock has a 50-day moving average price of $82.07 and a two-hundred day moving average price of $82.48.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.2383 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.