Clearwater Capital Advisors LLC Purchases Shares of 29,369 iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Clearwater Capital Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 29,369 shares of the company’s stock, valued at approximately $2,409,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SHY. Fortitude Family Office LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $45,000. Cedar Mountain Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $55,000. Financial Gravity Asset Management Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 771.6% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after acquiring an additional 625 shares during the period. Halpern Financial Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $62,000. Finally, Ritter Daniher Financial Advisory LLC DE increased its position in iShares 1-3 Year Treasury Bond ETF by 28.8% in the 3rd quarter. Ritter Daniher Financial Advisory LLC DE now owns 773 shares of the company’s stock valued at $63,000 after acquiring an additional 173 shares during the period. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY traded up $0.08 during trading on Thursday, reaching $81.36. The company’s stock had a trading volume of 1,836,960 shares, compared to its average volume of 4,476,177. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.55 and a 52-week high of $82.43. The company’s fifty day moving average price is $81.45 and its 200-day moving average price is $81.59. The company has a market capitalization of $24.44 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a $0.2616 dividend. This represents a $3.14 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date was Wednesday, May 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.