iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Rooted Wealth Advisors Inc.

Rooted Wealth Advisors Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 35,814 shares of the company’s stock after acquiring an additional 6,146 shares during the quarter. Rooted Wealth Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,958,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. MCF Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $25,000. Lodestone Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $29,000. Holos Integrated Wealth LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $29,000. Valley National Advisers Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $33,000. Finally, Accredited Wealth Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after acquiring an additional 150 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%

SHY opened at $82.19 on Friday. The firm has a market cap of $25.17 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business has a fifty day simple moving average of $82.19 and a 200-day simple moving average of $82.55. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.86 and a fifty-two week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.2429 per share. 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 dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, June 1st.

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.