Family Wealth Partners LLC Increases Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Family Wealth Partners LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 32,601 shares of the company’s stock after buying an additional 2,377 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up 1.3% of Family Wealth Partners LLC’s holdings, making the stock its 20th largest holding. Family Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,673,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of SHY. School Employees Retirement Board of Ohio purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $10,123,000. Eagle Asset Management Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% during the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,938 shares in the last quarter. TPG Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $295,000. Alternative Investment Advisors LLC. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $350,000. Finally, Park Avenue Securities LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 30.4% in the 3rd quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock worth $7,261,000 after purchasing an additional 20,384 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.10 on Friday. The company has a market capitalization of $22.75 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The business has a 50 day simple moving average of $82.01 and a two-hundred day simple moving average of $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.2804 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a yield of 4.10%.

iShares 1-3 Year Treasury Bond ETF Company 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.