AlphaMark Advisors LLC Makes New Investment in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

AlphaMark Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 770 shares of the company’s stock, valued at approximately $63,000.

Several other hedge funds have also made changes to their positions in the stock. SPC Financial Inc. boosted its position 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 acquiring an additional 140 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its holdings 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 in the last quarter. Acorn Wealth Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the 3rd 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 during the period. Rehmann Capital Advisory Group raised its holdings in shares of 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 buying an additional 152 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% during the 3rd quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock worth $818,000 after buying an additional 153 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.14 on Monday. The business’s fifty day moving average price is $82.02 and its two-hundred day moving average price is $82.34. 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. The stock has a market capitalization of $23.02 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors 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 dividend yield of 4.10%. The ex-dividend date was Wednesday, December 18th.

iShares 1-3 Year Treasury Bond ETF Company 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.