31,902 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Bought by Rovin Capital UT ADV

Rovin Capital UT ADV purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 31,902 shares of the company’s stock, valued at approximately $2,605,000. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.1% of Rovin Capital UT ADV’s investment portfolio, making the stock its 26th largest holding.

Other hedge funds also recently bought and sold shares of the company. Element Wealth LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 25.7% during the 4th quarter. Element Wealth LLC now owns 21,945 shares of the company’s stock worth $1,800,000 after acquiring an additional 4,488 shares in the last quarter. SWP Financial LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $338,000. RWA Wealth Partners LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 34.0% during the 4th quarter. RWA Wealth Partners LLC now owns 6,402 shares of the company’s stock worth $525,000 after acquiring an additional 1,623 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 0.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,073,272 shares of the company’s stock valued at $88,051,000 after acquiring an additional 4,482 shares in the last quarter. Finally, ARS Wealth Advisors Group LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $469,000. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

Shares of iShares 1-3 Year Treasury Bond ETF stock traded up $0.09 on Friday, hitting $82.54. The stock had a trading volume of 2,987,113 shares, compared to its average volume of 4,057,297. The company’s 50 day moving average price is $81.93 and its 200 day moving average price is $81.65. The stock has a market cap of $24.48 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.62 and a 52-week high of $82.91.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were issued a $0.2725 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.27 annualized dividend and a dividend yield of 3.96%. The ex-dividend date of this dividend was Thursday, August 1st.

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.