Arbor Trust Wealth Advisors LLC Buys 620 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Arbor Trust Wealth Advisors LLC grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,586 shares of the company’s stock after acquiring an additional 620 shares during the period. Arbor Trust Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $294,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Barrett & Company Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Barrett & Company Inc. now owns 9,375 shares of the company’s stock worth $769,000 after buying an additional 125 shares during the last quarter. Investment Advisory Group LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the third quarter. Investment Advisory Group LLC now owns 20,282 shares of the company’s stock worth $1,642,000 after purchasing an additional 150 shares during the last quarter. Straight Path Wealth Management raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.8% during the fourth quarter. Straight Path Wealth Management now owns 3,295 shares of the company’s stock worth $270,000 after purchasing an additional 150 shares during the last quarter. Seelaus Asset Management LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the fourth quarter. Seelaus Asset Management LLC now owns 6,757 shares of the company’s stock worth $554,000 after purchasing an additional 150 shares during the last quarter. Finally, 1834 Investment Advisors Co. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.2% during the third quarter. 1834 Investment Advisors Co. now owns 2,710 shares of the company’s stock worth $219,000 after purchasing an additional 159 shares during the last quarter. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1 %

Shares of iShares 1-3 Year Treasury Bond ETF stock traded down $0.05 during trading on Tuesday, hitting $81.13. 3,062,534 shares of the company’s stock were exchanged, compared to its average volume of 4,636,336. The business has a 50-day simple moving average of $81.61 and a 200-day simple moving average of $81.55. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.55 and a 52-week high of $82.60.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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

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.