Gateway Wealth Partners LLC Increases Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Gateway Wealth Partners LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 346.5% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 27,740 shares of the company’s stock after acquiring an additional 21,527 shares during the period. Gateway Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,290,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Quent Long Short Global Small Cap Fund LP acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $53,414,000. Innova Wealth Partners raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 134.6% in the 1st quarter. Innova Wealth Partners now owns 318,143 shares of the company’s stock valued at $26,269,000 after purchasing an additional 182,540 shares in the last quarter. Finer Wealth Management Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $1,685,000. Fifth Third Securities Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 79.5% during the 4th quarter. Fifth Third Securities Inc. now owns 40,864 shares of the company’s stock valued at $3,384,000 after buying an additional 18,099 shares during the last quarter. Finally, Stapp Wealth Management Pllc boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 211.2% during the 4th quarter. Stapp Wealth Management Pllc now owns 13,302 shares of the company’s stock valued at $1,102,000 after buying an additional 9,027 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0%

SHY stock opened at $81.86 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.76 and a twelve month high of $83.20. The company has a market capitalization of $25.41 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm has a 50 day simple moving average of $82.00 and a 200-day simple moving average of $82.41.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.