Premier Path Wealth Partners LLC Purchases 5,977 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Premier Path Wealth Partners LLC grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 102,587 shares of the company’s stock after buying an additional 5,977 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 1.3% of Premier Path Wealth Partners LLC’s portfolio, making the stock its 14th largest position. Premier Path Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,410,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. ProVise Management Group LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $490,000. GM Advisory Group LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 4.3% in the 2nd quarter. GM Advisory Group LLC now owns 619,446 shares of the company’s stock worth $50,578,000 after acquiring an additional 25,398 shares during the last quarter. AE Wealth Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 7.9% in the 2nd quarter. AE Wealth Management LLC now owns 47,806 shares of the company’s stock worth $3,903,000 after acquiring an additional 3,509 shares during the last quarter. TPG Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $295,000. Finally, Cerity Partners OCIO LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $129,075,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0 %

Shares of NASDAQ:SHY opened at $82.08 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The stock has a market cap of $22.74 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business has a 50-day moving average price of $82.01 and a 200-day moving average price of $82.31.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date was Wednesday, December 18th.

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.