SignalPoint Asset Management LLC Purchases 2,379 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

SignalPoint Asset Management LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 24.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,222 shares of the company’s stock after purchasing an additional 2,379 shares during the quarter. SignalPoint Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,002,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in SHY. Edgestream Partners L.P. boosted its position in iShares 1-3 Year Treasury Bond ETF by 299.2% during the second quarter. Edgestream Partners L.P. now owns 42,066 shares of the company’s stock worth $3,435,000 after purchasing an additional 31,528 shares during the period. Purus Wealth Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.9% during the second quarter. Purus Wealth Management LLC now owns 7,212 shares of the company’s stock worth $589,000 after purchasing an additional 200 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in iShares 1-3 Year Treasury Bond ETF by 58.1% during the second quarter. Mercer Global Advisors Inc. ADV now owns 257,170 shares of the company’s stock worth $20,998,000 after purchasing an additional 94,534 shares during the period. Kooman & Associates boosted its position in iShares 1-3 Year Treasury Bond ETF by 0.4% during the second quarter. Kooman & Associates now owns 82,024 shares of the company’s stock worth $6,697,000 after purchasing an additional 311 shares during the period. Finally, Bright Financial Advisors Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $993,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.05 on Thursday. The stock has a market capitalization of $22.79 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock has a 50 day moving average price of $82.01 and a two-hundred day moving average price of $82.32. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.