Dakota Wealth Management Acquires 68,631 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Dakota Wealth Management raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 25.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 333,464 shares of the company’s stock after buying an additional 68,631 shares during the period. Dakota Wealth Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $27,337,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Logan Capital Management Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $37,000. Global Trust Asset Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $68,000. Creative Financial Designs Inc. ADV boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after acquiring an additional 167 shares during the period. Eagle Bay Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $76,000. Finally, Bristlecone Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $78,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ:SHY opened at $82.11 on Wednesday. The company has a market cap of $22.99 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business has a 50 day moving average price of $82.01 and a 200 day moving average price of $82.34. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

iShares 1-3 Year Treasury Bond ETF Company 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.