North Capital Inc. Acquires New Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

North Capital Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,564 shares of the company’s stock, valued at approximately $626,000. iShares 1-3 Year Treasury Bond ETF accounts for 0.6% of North Capital Inc.’s investment portfolio, making the stock its 22nd biggest position.

Other large investors have also recently added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 150.1% during the first quarter. D.A. Davidson & CO. now owns 69,529 shares of the company’s stock valued at $5,752,000 after acquiring an additional 41,734 shares during the period. Mutual Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the 1st quarter. Mutual Advisors LLC now owns 92,147 shares of the company’s stock worth $7,633,000 after purchasing an additional 2,088 shares during the last quarter. St. James Investment Company LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.3% during the 1st quarter. St. James Investment Company LLC now owns 14,570 shares of the company’s stock valued at $1,205,000 after purchasing an additional 190 shares during the period. Sterling Manor Financial LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 9.5% during the 1st quarter. Sterling Manor Financial LLC now owns 75,788 shares of the company’s stock valued at $6,270,000 after purchasing an additional 6,564 shares during the period. Finally, Axis Wealth Partners LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 190.5% in the 1st quarter. Axis Wealth Partners LLC now owns 13,885 shares of the company’s stock valued at $1,149,000 after buying an additional 9,106 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

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

Shares of NASDAQ SHY opened at $82.50 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.41 and a 12 month high of $83.30. The company has a market cap of $24.23 billion, a P/E ratio of 3,747.73 and a beta of 0.01. The business’s 50 day moving average is $82.53 and its two-hundred day moving average is $82.35.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, July 7th. Investors of record on Tuesday, July 1st will be given a dividend of $0.2641 per share. This represents a $3.17 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date is Tuesday, July 1st.

About iShares 1-3 Year Treasury Bond ETF

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.