37,480 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Acquired by Fortis Group Advisors LLC

Fortis Group Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 37,480 shares of the company’s stock, valued at approximately $3,080,000. iShares 1-3 Year Treasury Bond ETF makes up approximately 0.9% of Fortis Group Advisors LLC’s investment portfolio, making the stock its 24th largest position.

Other institutional investors also recently made changes to their positions in the company. Newbridge Financial Services Group Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 16.0% during the first quarter. Newbridge Financial Services Group Inc. now owns 907 shares of the company’s stock valued at $74,000 after acquiring an additional 125 shares during the last quarter. SignalPoint Asset Management LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 1.3% in the first quarter. SignalPoint Asset Management LLC now owns 10,112 shares of the company’s stock worth $8,331,000 after acquiring an additional 127 shares during the period. Ingalls & Snyder LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.0% in the first quarter. Ingalls & Snyder LLC now owns 13,980 shares of the company’s stock valued at $1,149,000 after acquiring an additional 135 shares in the last quarter. Capital Advisory Group Advisory Services LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 1.1% during the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 12,377 shares of the company’s stock valued at $1,005,000 after purchasing an additional 139 shares during the period. Finally, Rehmann Capital Advisory Group raised its holdings in iShares 1-3 Year Treasury Bond ETF by 1.0% in the 1st quarter. Rehmann Capital Advisory Group now owns 14,800 shares of the company’s stock worth $1,216,000 after purchasing an additional 144 shares in the last quarter. Hedge funds and other institutional investors own 18.38% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

Shares of SHY traded up $0.03 during trading hours on Wednesday, reaching $80.92. 1,634,892 shares of the company traded hands, compared to its average volume of 5,322,037. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.48 and a 12 month high of $82.74. The company’s fifty day moving average price is $81.01 and its two-hundred day moving average price is $81.53.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 8th. Stockholders of record on Tuesday, September 5th were paid a $0.2058 dividend. This represents a $2.47 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date was Friday, September 1st.

About iShares 1-3 Year Treasury Bond ETF

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.