Heck Capital Advisors LLC Acquires 19,046 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Heck Capital Advisors LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 19.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 114,688 shares of the company’s stock after purchasing an additional 19,046 shares during the period. Heck Capital Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,417,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% in the 4th quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock valued at $1,487,841,000 after purchasing an additional 940,434 shares during the period. Bank of America Corp DE lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% during the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock worth $1,292,182,000 after buying an additional 3,451,890 shares during the period. JPMorgan Chase & Co. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock worth $878,695,000 after buying an additional 467,629 shares during the period. Bank of New York Mellon Corp boosted its stake in iShares 1-3 Year Treasury Bond ETF by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock valued at $471,783,000 after buying an additional 165,473 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 387.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after buying an additional 4,206,546 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $81.87 on Wednesday. The business’s fifty day moving average price is $81.95 and its two-hundred day moving average price is $82.34. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.75 and a fifty-two week high of $83.20. The stock has a market capitalization of $25.08 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a $0.2508 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.