Arete Wealth Advisors LLC Increases Position in iShares 1-3 Year Treasury Bond ETF $SHY

Arete Wealth Advisors LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 422.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,390 shares of the company’s stock after purchasing an additional 48,030 shares during the quarter. Arete Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,904,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bryn Mawr Trust Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock worth $467,000 after acquiring an additional 126 shares during the period. Savant Capital LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock valued at $737,000 after acquiring an additional 126 shares during the period. Tower View Wealth Management LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 11.4% during the first quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock valued at $106,000 after purchasing an additional 132 shares during the last quarter. Cahaba Wealth Management Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.5% during the first quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock valued at $2,072,000 after purchasing an additional 133 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.2% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 11,275 shares of the company’s stock valued at $934,000 after purchasing an additional 138 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

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

Shares of NASDAQ:SHY opened at $81.99 on Friday. The firm has a market capitalization of $25.24 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company has a 50-day moving average price of $81.99 and a two-hundred day moving average price of $82.39. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.76 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a dividend of $0.2383 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Wednesday, July 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.