Kingswood Wealth Advisors LLC Buys New Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Kingswood Wealth Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,561 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors have also added to or reduced their stakes in the business. Mather Group LLC. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $39,000. Fortitude Family Office LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $45,000. Cedar Mountain Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $55,000. Vestor Capital LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 28.8% in the fourth quarter. Vestor Capital LLC now owns 684 shares of the company’s stock worth $56,000 after purchasing an additional 153 shares during the last quarter. Finally, Financial Gravity Asset Management Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 771.6% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after purchasing an additional 625 shares during the last quarter. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $81.65 on Friday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.55 and a fifty-two week high of $82.39. The stock has a market cap of $24.53 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock has a 50 day simple moving average of $81.40 and a two-hundred day simple moving average of $81.63.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were issued a $0.2621 dividend. This represents a $3.15 annualized dividend and a yield of 3.85%. The ex-dividend date was Monday, June 3rd.

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.