Redhawk Wealth Advisors Inc. Grows Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Redhawk Wealth Advisors Inc. grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 147.7% in the second quarter, HoldingsChannel reports. The institutional investor owned 21,353 shares of the company’s stock after acquiring an additional 12,732 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,753,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SHY. Quent Long Short Global Small Cap Fund LP acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $53,414,000. Innova Wealth Partners grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 134.6% in the first quarter. Innova Wealth Partners now owns 318,143 shares of the company’s stock valued at $26,269,000 after purchasing an additional 182,540 shares in the last quarter. XY Planning Network Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $823,000. Bingham Private Wealth LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $529,000. Finally, Bleakley Financial Group LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 21.1% during the 4th quarter. Bleakley Financial Group LLC now owns 892,689 shares of the company’s stock worth $73,932,000 after buying an additional 155,812 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $81.86 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.75 and a 52-week high of $83.20. The firm has a market cap of $25.07 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company’s 50 day moving average is $81.95 and its two-hundred day moving average is $82.35.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a dividend of $0.2508 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, August 3rd.

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.