RIA Advisory Group LLC Purchases New Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

RIA Advisory Group LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, HoldingsChannel reports. The firm bought 436,673 shares of the company’s stock, valued at approximately $35,825,000. iShares 1-3 Year Treasury Bond ETF accounts for 10.4% of RIA Advisory Group LLC’s investment portfolio, making the stock its 3rd biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Coppell Advisory Solutions Corp. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $30,000. Global Wealth Management Investment Advisory Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $35,000. Fortitude Family Office LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $45,000. Stonebridge Capital Advisors LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 55,400.0% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 555 shares of the company’s stock valued at $45,000 after buying an additional 554 shares during the last quarter. Finally, Impact Partnership Wealth LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 114.4% in the 3rd quarter. Impact Partnership Wealth LLC now owns 641 shares of the company’s stock valued at $52,000 after buying an additional 342 shares during the last quarter. 23.62% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of NASDAQ SHY traded up $0.02 during mid-day trading on Friday, reaching $81.17. The company had a trading volume of 2,784,022 shares, compared to its average volume of 4,580,466. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.55 and a 52-week high of $82.60. The firm has a 50 day simple moving average of $81.57 and a two-hundred day simple moving average of $81.54.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.2705 dividend. This represents a $3.25 annualized dividend and a dividend yield of 4.00%. The ex-dividend date of this dividend was Monday, April 1st.

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.