Aptus Capital Advisors LLC Grows Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Aptus Capital Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 96.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,221 shares of the company’s stock after buying an additional 1,584 shares during the quarter. Aptus Capital Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $268,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. WestEnd Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $30,000. Financial Connections Group Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $31,000. Rational Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $67,000. Global Trust Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $68,000. Finally, Creative Financial Designs Inc. ADV lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after acquiring an additional 167 shares during the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.02 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The firm has a market capitalization of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock has a 50 day moving average price of $82.61 and a 200 day moving average price of $82.13.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.2831 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date was Friday, November 1st.

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.