Ausdal Financial Partners Inc. Increases Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Ausdal Financial Partners Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 96.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,372 shares of the company’s stock after acquiring an additional 31,643 shares during the period. Ausdal Financial Partners Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,340,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in SHY. Harbor Investment Advisory LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 16.7% in the third quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock valued at $3,740,000 after buying an additional 6,436 shares during the last quarter. First Horizon Corp acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $2,116,000. Cadence Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $5,524,000. Childress Capital Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $896,000. Finally, JARISLOWSKY FRASER Ltd increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 66.9% in the 3rd quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock valued at $3,445,000 after acquiring an additional 16,647 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 Price Performance

SHY stock opened at $82.55 on Friday. The company has a market cap of $24.13 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The company has a fifty day moving average price of $82.86 and a 200 day moving average price of $82.89. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.21 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.223 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.2%.

iShares 1-3 Year Treasury Bond ETF 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.