Money Concepts Capital Corp Makes New $6.86 Million Investment in iShares 1-3 Year Treasury Bond ETF $SHY

Money Concepts Capital Corp acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 84,438 shares of the company’s stock, valued at approximately $6,856,000.

Several other institutional investors also recently made changes to their positions in the stock. Allworth Financial LP boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 10.6% in the third quarter. Allworth Financial LP now owns 38,757 shares of the company’s stock valued at $3,182,000 after acquiring an additional 3,718 shares during the last quarter. Fisher Asset Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $58,744,000. Private Advisory Group LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $4,074,000. Barr E S & Co. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $469,000. Finally, CENTRAL TRUST Co purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $30,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.14 on Friday. The stock’s 50-day moving average is $81.34 and its 200-day moving average is $82.05. The company has a market cap of $27.38 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 12 month low of $80.95 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a dividend of $0.2544 per share. This represents a $3.05 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date was Monday, November 2nd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410.

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.