Crestone Asset Management LLC Acquires Shares of 5,762 iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Crestone Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,762 shares of the company’s stock, valued at approximately $473,000.

A number of other institutional investors have also modified their holdings of the stock. Fulcrum Equity Management bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $472,000. Hsbc Holdings PLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% during the 3rd quarter. Hsbc Holdings PLC now owns 614,149 shares of the company’s stock valued at $49,730,000 after buying an additional 7,431 shares during the period. Spreng Capital Management Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.3% in the 4th quarter. Spreng Capital Management Inc. now owns 29,109 shares of the company’s stock valued at $2,388,000 after purchasing an additional 1,461 shares in the last quarter. Element Wealth LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 25.7% during the 4th quarter. Element Wealth LLC now owns 21,945 shares of the company’s stock worth $1,800,000 after purchasing an additional 4,488 shares in the last quarter. Finally, Sarasin & Partners LLP acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $1,151,000. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY traded down $0.02 during trading on Wednesday, reaching $81.28. The stock had a trading volume of 2,308,829 shares, compared to its average volume of 4,506,275. The business’s 50-day moving average price is $81.45 and its 200 day moving average price is $81.59. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.43. The stock has a market capitalization of $24.54 billion, a PE ratio of 3,695.45 and a beta of 0.04.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were given a dividend of $0.2616 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $3.14 annualized dividend and a yield of 3.86%.

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.