Waterloo Capital L.P. Has $1.21 Million Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Waterloo Capital L.P. raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 145.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 14,569 shares of the company’s stock after purchasing an additional 8,636 shares during the quarter. Waterloo Capital L.P.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,207,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SHY. Key Financial Inc boosted its position in iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after buying an additional 196 shares in the last quarter. Holos Integrated Wealth LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Lodestone Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Valley National Advisers Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $33,000. Finally, Accredited Wealth Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 50.0% in the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after buying an additional 150 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.30 on Monday. The firm has a market cap of $25.20 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 $82.00 and a 12 month high of $83.20. The company’s 50-day moving average price is $82.34 and its two-hundred day moving average price is $82.68.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.2428 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Friday, May 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.