Oak Harbor Wealth Partners LLC Has $431,000 Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Oak Harbor Wealth Partners LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 26.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 5,178 shares of the company’s stock after purchasing an additional 1,098 shares during the quarter. Oak Harbor Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $431,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of SHY. Cerity Partners OCIO LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $129,075,000. SG Americas Securities LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1,533.3% during the 2nd quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock worth $42,633,000 after buying an additional 490,171 shares during the period. LPL Financial LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.4% during the 2nd quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after buying an additional 422,978 shares during the period. Captrust Financial Advisors lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% during the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after buying an additional 379,718 shares during the period. Finally, Renaissance Technologies LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 75.5% during the 2nd quarter. Renaissance Technologies LLC now owns 847,878 shares of the company’s stock worth $69,229,000 after buying an additional 364,878 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.93 on Friday. The business has a 50 day simple moving average of $82.65 and a 200 day simple moving average of $82.13. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The company has a market capitalization of $22.13 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.2831 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.40 annualized dividend and a yield of 4.15%.

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.