7,521 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Bought by Arete Wealth Advisors LLC

Posted by Defense World Staff on Sep 16th, 2023

Arete Wealth Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 7,521 shares of the company’s stock, valued at approximately $618,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. WestEnd Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $26,000. Coppell Advisory Solutions Corp. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $30,000. Global Wealth Management Investment Advisory Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth $35,000. American National Bank lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 53.4% during the first quarter. American National Bank now owns 428 shares of the company’s stock worth $35,000 after purchasing an additional 149 shares during the period. Finally, Trivant Custom Portfolio Group LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth $40,000. Hedge funds and other institutional investors own 18.38% of the company’s stock.

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

Shares of NASDAQ SHY opened at $80.90 on Friday. The stock has a fifty day moving average price of $81.02 and a 200 day moving average price of $81.52. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.48 and a 1-year high of $82.74.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, September 8th. Investors of record on Tuesday, September 5th were issued a dividend of $0.2058 per share. This represents a $2.47 annualized dividend and a dividend yield of 3.05%. The ex-dividend date was Friday, September 1st.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.