Kestra Advisory Services LLC Has $22.99 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

Kestra Advisory Services LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 26.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 278,431 shares of the company’s stock after purchasing an additional 57,549 shares during the period. Kestra Advisory Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $22,990,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SHY. NewEdge Advisors LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after buying an additional 916 shares in the last quarter. Squarepoint Ops LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 103.3% in the 2nd quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock valued at $1,260,000 after acquiring an additional 7,731 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $70,000. NCM Capital Management LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% in the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after acquiring an additional 603 shares during the last quarter. Finally, Ausdal Financial Partners Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% in the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock worth $2,712,000 after acquiring an additional 919 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock traded down $0.03 during trading hours on Friday, reaching $81.88. 2,173,839 shares of the company were exchanged, compared to its average volume of 4,373,022. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.81 and a fifty-two week high of $83.20. The stock’s fifty day moving average is $82.07 and its two-hundred day moving average is $82.49. The company has a market cap of $25.73 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.2383 dividend. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Wednesday, July 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.