Clearstead Trust LLC Buys 313 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Clearstead Trust LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,100 shares of the company’s stock after purchasing an additional 313 shares during the quarter. Clearstead Trust LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $254,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Independent Advisor Alliance lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 57.2% during the 3rd quarter. Independent Advisor Alliance now owns 11,689 shares of the company’s stock worth $946,000 after buying an additional 4,253 shares in the last quarter. Brown Advisory Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.8% during the 3rd quarter. Brown Advisory Inc. now owns 41,124 shares of the company’s stock worth $3,330,000 after purchasing an additional 3,320 shares during the last quarter. ETF Store Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 15.9% during the 3rd quarter. ETF Store Inc. now owns 7,176 shares of the company’s stock worth $579,000 after purchasing an additional 982 shares during the last quarter. WealthShield Partners LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 388.0% during the 3rd quarter. WealthShield Partners LLC now owns 28,770 shares of the company’s stock worth $2,330,000 after purchasing an additional 22,874 shares during the last quarter. Finally, Klaas Financial Asset Advisors LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.8% during the 3rd quarter. Klaas Financial Asset Advisors LLC now owns 187,231 shares of the company’s stock worth $15,160,000 after purchasing an additional 3,288 shares during the last quarter. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

Shares of NASDAQ SHY traded up $0.13 during mid-day trading on Friday, hitting $81.30. The company had a trading volume of 4,960,204 shares, compared to its average volume of 4,570,730. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.55 and a 1 year high of $82.60. The company has a market capitalization of $24.54 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.04. The stock’s 50-day moving average price is $81.46 and its 200-day moving average price is $81.58.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be issued a $0.2616 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.14 annualized dividend and a dividend yield of 3.86%.

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.