Captrust Financial Advisors Has $1.49 Billion Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Captrust Financial Advisors lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,964,759 shares of the company’s stock after acquiring an additional 940,434 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 2.8% of Captrust Financial Advisors’ holdings, making the stock its 4th biggest holding. Captrust Financial Advisors owned 0.06% of iShares 1-3 Year Treasury Bond ETF worth $1,487,841,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SHY. MCF Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $25,000. Holos Integrated Wealth LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $29,000. Lodestone Wealth Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $29,000. Valley National Advisers Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $33,000. Finally, Accredited Wealth Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 50.0% during the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after buying an additional 150 shares during the period. Institutional investors own 23.15% of the company’s stock.

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

NASDAQ SHY opened at $82.13 on Wednesday. The company has a fifty day moving average of $82.25 and a two-hundred day moving average of $82.60. The firm has a market capitalization of $25.15 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.86 and a 52 week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.2429 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. 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.