Beverly Hills Private Wealth LLC Grows Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Beverly Hills Private Wealth LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 259.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,353 shares of the company’s stock after acquiring an additional 8,920 shares during the period. Beverly Hills Private Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,001,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SHY. Brown Advisory Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 268.4% in the second quarter. Brown Advisory Inc. now owns 37,804 shares of the company’s stock valued at $3,065,000 after buying an additional 27,543 shares in the last quarter. NBT Bank N A NY lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.0% during the 2nd quarter. NBT Bank N A NY now owns 20,875 shares of the company’s stock valued at $1,693,000 after acquiring an additional 600 shares during the period. Fort Sheridan Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $478,000. Crescent Grove Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 38.7% in the 2nd quarter. Crescent Grove Advisors LLC now owns 56,056 shares of the company’s stock worth $4,545,000 after acquiring an additional 15,639 shares during the period. Finally, Creative Planning grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% in the 2nd quarter. Creative Planning now owns 198,537 shares of the company’s stock worth $16,097,000 after acquiring an additional 8,474 shares during the period. 18.38% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.4 %

SHY opened at $81.35 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.48 and a one year high of $82.74. The business’s fifty day moving average is $80.93 and its two-hundred day moving average is $81.15.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 7th. Stockholders of record on Thursday, November 2nd were paid a dividend of $0.23 per share. This represents a $2.76 annualized dividend and a dividend yield of 3.39%. The ex-dividend date of this dividend was Wednesday, November 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.21.

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.