Strata Wealth Advisors LLC Buys 365 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Strata Wealth Advisors LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,470 shares of the company’s stock after purchasing an additional 365 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 1.1% of Strata Wealth Advisors LLC’s portfolio, making the stock its 15th largest holding. Strata Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,400,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Golden State Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $30,000. Van ECK Associates Corp grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after acquiring an additional 187 shares during the period. Roxbury Financial LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $36,000. Logan Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $37,000. Finally, Creative Capital Management Investments LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $45,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.03 on Wednesday. The stock has a 50-day simple moving average of $82.01 and a two-hundred day simple moving average of $82.36. The firm has a market capitalization of $23.12 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.