Stratos Wealth Advisors LLC Boosts Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Stratos Wealth Advisors LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,840 shares of the company’s stock after purchasing an additional 7,445 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,004,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Logan Capital Management Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $37,000. AlphaMark Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $63,000. Global Trust Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $68,000. Creative Financial Designs Inc. ADV increased its position in iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares during the period. Finally, Eagle Bay Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $76,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.04 on Wednesday. The company has a market cap of $23.14 billion, a PE ratio of 3,695.45 and a beta of 0.01. The firm’s 50 day moving average price is $82.04 and its 200-day moving average price is $82.36. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.2735 per share. The ex-dividend date of this dividend is Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.