Quent Capital LLC Purchases 75,904 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Quent Capital LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 522,434 shares of the company’s stock after buying an additional 75,904 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 4.4% of Quent Capital LLC’s portfolio, making the stock its 4th biggest position. Quent Capital LLC owned about 0.19% of iShares 1-3 Year Treasury Bond ETF worth $42,829,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of SHY. SPC Financial Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after buying an additional 140 shares during the period. Center For Asset Management LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% during the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock worth $216,000 after acquiring an additional 145 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.1% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after purchasing an additional 147 shares during the last quarter. Acorn Wealth Advisors LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% in the third quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after purchasing an additional 152 shares in the last quarter. Finally, Rehmann Capital Advisory Group increased its position in iShares 1-3 Year Treasury Bond ETF by 0.6% in the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock worth $2,199,000 after purchasing an additional 152 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 Price Performance

SHY opened at $82.01 on Tuesday. The company has a market capitalization of $23.11 billion, a PE ratio of 3,695.45 and a beta of 0.01. The business has a 50-day moving average of $82.02 and a 200-day moving average of $82.36. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed 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 was Monday, February 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.