Stratos Wealth Partners LTD. Has $3.15 Million Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Stratos Wealth Partners LTD. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.4% during the 4th quarter, HoldingsChannel reports. The fund owned 38,388 shares of the company’s stock after purchasing an additional 6,506 shares during the period. Stratos Wealth Partners LTD.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,147,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Welch Group LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 12.7% during the 4th quarter. Welch Group LLC now owns 19,927 shares of the company’s stock worth $1,633,000 after purchasing an additional 2,241 shares during the last quarter. Kathleen S. Wright Associates Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 8.7% during the fourth quarter. Kathleen S. Wright Associates Inc. now owns 13,576 shares of the company’s stock worth $1,113,000 after acquiring an additional 1,085 shares during the period. Columbus Macro LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 28.4% during the fourth quarter. Columbus Macro LLC now owns 4,285 shares of the company’s stock valued at $351,000 after buying an additional 948 shares during the last quarter. Alliance Wealth Advisors LLC UT acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $3,554,000. Finally, GEN Financial Management INC. bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $1,194,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.06 on Friday. The firm’s 50-day simple moving average is $82.03 and its 200-day simple moving average is $82.36. The firm has a market cap of $23.12 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.