Strategic Financial Concepts LLC Purchases New Shares in iShares 1-3 Year Treasury Bond ETF $SHY

Strategic Financial Concepts LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 9,988 shares of the company’s stock, valued at approximately $827,000.

A number of other hedge funds also recently bought and sold shares of SHY. Captrust Financial Advisors raised its stake in iShares 1-3 Year Treasury Bond ETF by 58.5% during the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after purchasing an additional 6,281,496 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in iShares 1-3 Year Treasury Bond ETF by 387.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after purchasing an additional 4,206,546 shares in the last quarter. Mizuho Markets Cayman LP purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $121,919,000. Proficio Capital Partners LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 1,164.2% during the third quarter. Proficio Capital Partners LLC now owns 1,040,956 shares of the company’s stock valued at $86,358,000 after purchasing an additional 958,615 shares in the last quarter. Finally, Barclays PLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 102.6% during the third quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock valued at $124,950,000 after purchasing an additional 762,773 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

iShares 1-3 Year Treasury Bond ETF stock opened at $82.12 on Friday. The company has a market cap of $25.15 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day moving average is $82.38 and its 200 day moving average is $82.69. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $82.00 and a 52-week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a dividend of $0.2428 per share. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a 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.