iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Bought by Element Pointe Advisors LLC

Element Pointe Advisors LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 551,173 shares of the company’s stock after acquiring an additional 6,270 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 10.6% of Element Pointe Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Element Pointe Advisors LLC owned approximately 0.20% of iShares 1-3 Year Treasury Bond ETF worth $45,185,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SHY. Accredited Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $25,000. Golden State Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $30,000. Van ECK Associates Corp boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares during the last quarter. Millstone Evans Group LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $32,000. Finally, Roxbury Financial LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $36,000. 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 $82.59 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.21 and a fifty-two week high of $83.30. The business’s 50-day simple moving average is $82.59 and its 200-day simple moving average is $82.27. The stock has a market capitalization of $24.26 billion, a PE ratio of 3,762.27 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were issued a dividend of $0.2592 per share. The ex-dividend date was Thursday, May 1st. This represents a $3.11 annualized dividend and a yield of 3.77%.

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.