Composition Wealth LLC Has $2.65 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

Composition Wealth LLC grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 24.2% during the fourth quarter, HoldingsChannel reports. The firm owned 31,932 shares of the company’s stock after buying an additional 6,226 shares during the quarter. Composition Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,645,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SHY. Captrust Financial Advisors boosted its position in iShares 1-3 Year Treasury Bond ETF by 58.5% during the 3rd quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after buying an additional 6,281,496 shares during the period. Mizuho Markets Americas LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 93.4% during the 3rd quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after buying an additional 2,414,144 shares during the period. Proficio Capital Partners LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 1,164.2% during the 3rd quarter. Proficio Capital Partners LLC now owns 1,040,956 shares of the company’s stock worth $86,358,000 after buying an additional 958,615 shares during the period. Barclays PLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 102.6% during the 3rd quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock worth $124,950,000 after buying an additional 762,773 shares during the period. Finally, Quent Long Short Global Small Cap Fund LP acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $53,414,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.25 on Monday. The firm’s 50 day simple moving average is $82.58 and its 200 day simple moving average is $82.78. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.21 and a one year high of $83.20. The company has a market cap of $25.18 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 6th. Investors of record on Friday, May 1st will be given a dividend of $0.2428 per share. The ex-dividend date is Friday, May 1st. This represents a c) annualized dividend and a yield of 3.5%.

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.