PFG Advisors Purchases Shares of 9,502 iShares 1-3 Year Treasury Bond ETF $SHY

PFG Advisors acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 9,502 shares of the company’s stock, valued at approximately $788,000.

Several other large investors have also modified their holdings of SHY. NerdWallet Wealth Partners LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at $9,166,000. Clientfirst Wealth Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 1.2% during the 3rd quarter. Clientfirst Wealth Management LLC now owns 11,689 shares of the company’s stock worth $970,000 after buying an additional 133 shares during the last quarter. Black Swift Group LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 626.1% in the 3rd quarter. Black Swift Group LLC now owns 35,940 shares of the company’s stock valued at $2,982,000 after acquiring an additional 30,990 shares during the period. Ameriflex Group Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1,686.3% during the 3rd quarter. Ameriflex Group Inc. now owns 3,912 shares of the company’s stock worth $325,000 after purchasing an additional 3,693 shares during the period. Finally, Angeles Wealth Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 3.0% during the 3rd quarter. Angeles Wealth Management LLC now owns 68,360 shares of the company’s stock worth $5,671,000 after purchasing an additional 2,006 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 Performance

NASDAQ SHY opened at $82.64 on Thursday. The firm’s fifty day moving average is $82.87 and its two-hundred day moving average is $82.89. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.21 and a one year high of $83.20. The firm has a market cap of $24.16 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a dividend of $0.223 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%.

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.