Lokken Investment Group LLC Boosts Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Lokken Investment Group LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 34.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,808 shares of the company’s stock after buying an additional 1,757 shares during the quarter. Lokken Investment Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $558,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SHY. Hobbs Group Advisors LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Hobbs Group Advisors LLC now owns 9,916 shares of the company’s stock valued at $813,000 after purchasing an additional 136 shares during the period. Blueprint Investment Partners LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 2.2% in the 4th quarter. Blueprint Investment Partners LLC now owns 6,666 shares of the company’s stock valued at $546,000 after buying an additional 142 shares during the period. Center For Asset Management LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 5.8% in the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after buying an additional 145 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 2.1% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock worth $582,000 after buying an additional 147 shares during the period. Finally, Rehmann Capital Advisory Group increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after acquiring an additional 152 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.73 on Tuesday. The firm has a market cap of $23.31 billion, a P/E ratio of 3,745.00 and a beta of 0.01. The firm’s 50 day moving average price is $82.29 and its 200-day moving average price is $82.29. 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 declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares 1-3 Year Treasury Bond ETF

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.