J.W. Cole Advisors Inc. Has $2.12 Million Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

J.W. Cole Advisors Inc. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,551 shares of the company’s stock after purchasing an additional 2,362 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,117,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SHY. Hantz Financial Services Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $25,000. Howe & Rusling Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after acquiring an additional 361 shares during the period. MassMutual Private Wealth & Trust FSB increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after acquiring an additional 125 shares in the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $39,000. Finally, Flaharty Asset Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $40,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of SHY opened at $83.08 on Friday. The business’s fifty day moving average is $82.93 and its 200 day moving average is $82.71. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.67 and a 12-month high of $83.14. The stock has a market cap of $23.99 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were issued a dividend of $0.2627 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Monday, November 3rd.

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.