Klaas Financial Asset Advisors LLC Has $18.70 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Klaas Financial Asset Advisors LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 228,100 shares of the company’s stock after acquiring an additional 5,969 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 3.3% of Klaas Financial Asset Advisors LLC’s investment portfolio, making the stock its 9th largest holding. Klaas Financial Asset Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $18,700,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SHY. PFG Investments LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 26.0% in the fourth quarter. PFG Investments LLC now owns 23,474 shares of the company’s stock valued at $1,924,000 after purchasing an additional 4,850 shares in the last quarter. Strategic Investment Advisors MI lifted its stake in iShares 1-3 Year Treasury Bond ETF by 182.9% during the fourth quarter. Strategic Investment Advisors MI now owns 342,901 shares of the company’s stock worth $28,111,000 after purchasing an additional 221,702 shares during the last quarter. 1834 Investment Advisors Co. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.7% in the 4th quarter. 1834 Investment Advisors Co. now owns 3,234 shares of the company’s stock valued at $265,000 after purchasing an additional 174 shares during the last quarter. Avaii Wealth Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.0% during the 4th quarter. Avaii Wealth Management LLC now owns 5,211 shares of the company’s stock worth $427,000 after buying an additional 202 shares during the last quarter. Finally, Crescent Grove Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 39.0% in the 4th quarter. Crescent Grove Advisors LLC now owns 46,454 shares of the company’s stock valued at $3,808,000 after acquiring an additional 13,045 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

iShares 1-3 Year Treasury Bond ETF stock opened at $82.14 on Monday. The company has a market capitalization of $23.02 billion, a PE 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 stock has a 50-day moving average price of $82.02 and a two-hundred day moving average price of $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. The ex-dividend date of this dividend 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 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.