TriaGen Wealth Management LLC Increases Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

TriaGen Wealth Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,476 shares of the company’s stock after purchasing an additional 551 shares during the quarter. TriaGen Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,433,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Millennium Management LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 24.8% during the second quarter. Millennium Management LLC now owns 63,463 shares of the company’s stock worth $5,182,000 after purchasing an additional 12,625 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $6,308,000. Park Avenue Securities LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 30.4% in the third quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock valued at $7,261,000 after acquiring an additional 20,384 shares during the period. Apella Capital LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 1.8% in the third quarter. Apella Capital LLC now owns 64,290 shares of the company’s stock worth $5,330,000 after buying an additional 1,119 shares during the period. Finally, Harbor Investment Advisory LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.3% during the 3rd quarter. Harbor Investment Advisory LLC now owns 39,625 shares of the company’s stock valued at $3,295,000 after purchasing an additional 509 shares during the period. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.29 on Friday. The stock has a market capitalization of $23.17 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The firm’s 50 day moving average is $82.04 and its 200-day moving average is $82.35.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.09%.

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.