Zhang Financial LLC Raises Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Zhang Financial LLC increased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,701 shares of the company’s stock after buying an additional 1,859 shares during the period. Zhang Financial LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,041,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. AE Wealth Management LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 7.9% in the 2nd quarter. AE Wealth Management LLC now owns 47,806 shares of the company’s stock worth $3,903,000 after buying an additional 3,509 shares in the last quarter. Cerity Partners OCIO LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $129,075,000. Mount Yale Investment Advisors LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 28.0% during the second quarter. Mount Yale Investment Advisors LLC now owns 7,333 shares of the company’s stock worth $599,000 after acquiring an additional 1,606 shares during the last quarter. Fidelis Capital Partners LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $1,604,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 66.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,509 shares of the company’s stock valued at $371,000 after purchasing an additional 1,796 shares during the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.08 on Monday. The stock has a market cap of $22.74 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock has a 50 day moving average price of $82.01 and a 200-day moving average price of $82.33. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.