Spreng Capital Management Inc. Has $852,000 Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Spreng Capital Management Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,388 shares of the company’s stock after purchasing an additional 140 shares during the period. Spreng Capital Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $852,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Proficio Capital Partners LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after acquiring an additional 8,173,293 shares during the last quarter. Raymond James Financial Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $389,029,000. JPMorgan Chase & Co. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 47.8% in the 4th quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock worth $946,428,000 after purchasing an additional 3,731,847 shares during the period. Essential Planning LLC. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4,992.9% in the fourth quarter. Essential Planning LLC. now owns 2,454,066 shares of the company’s stock worth $201,794,000 after purchasing an additional 2,405,880 shares during the period. Finally, Assetmark Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 94.0% during the fourth quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock worth $334,149,000 after buying an additional 1,975,432 shares in the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1 %

Shares of NASDAQ:SHY opened at $82.64 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The stock’s 50-day moving average price is $82.36 and its 200-day moving average price is $82.27. The stock has a market capitalization of $22.98 billion, a P/E ratio of 3,758.18 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were given a $0.2798 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $3.36 annualized dividend and a yield of 4.06%.

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.