Greenspring Advisors LLC Purchases 47,552 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Greenspring Advisors LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 207.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 70,454 shares of the company’s stock after acquiring an additional 47,552 shares during the period. Greenspring Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,835,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lido Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.4% during the 4th quarter. Lido Advisors LLC now owns 870,803 shares of the company’s stock worth $72,237,000 after acquiring an additional 12,221 shares during the period. WCG Wealth Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $917,000. Avestar Capital LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 11.1% during the 4th quarter. Avestar Capital LLC now owns 4,225 shares of the company’s stock worth $350,000 after acquiring an additional 421 shares during the period. Marble Wealth LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $1,203,000. Finally, Spectrum Planning & Advisory Services Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $655,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $81.97 on Thursday. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.94 and a one year high of $83.20. The company’s fifty day moving average price is $82.32 and its 200-day moving average price is $82.66. The company has a market capitalization of $25.10 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, June 1st will be issued a $0.2429 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend is Monday, June 1st.

iShares 1-3 Year Treasury Bond ETF 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.