Stapp Wealth Management Pllc Has $1.10 Million Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Stapp Wealth Management Pllc grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 211.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 13,302 shares of the company’s stock after acquiring an additional 9,027 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 1.4% of Stapp Wealth Management Pllc’s investment portfolio, making the stock its 20th largest holding. Stapp Wealth Management Pllc’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,102,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Key Financial Inc boosted its position in iShares 1-3 Year Treasury Bond ETF by 158.1% during the third quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after purchasing an additional 196 shares during the period. Pflug Koory LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 637.8% during the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 287 shares during the period. Lodestone Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $29,000. Holos Integrated Wealth LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $29,000. Finally, Delos Wealth Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $29,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.28 on Tuesday. The stock has a market capitalization of $24.67 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The stock has a 50 day moving average price of $82.73 and a two-hundred day moving average price of $82.83. 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 Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st will be given a dividend of $0.2469 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.