Redhawk Wealth Advisors Inc. Boosts Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Redhawk Wealth Advisors Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,093 shares of the company’s stock after acquiring an additional 147 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $582,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Edgestream Partners L.P. lifted 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 valued at $3,435,000 after acquiring an additional 31,528 shares during the last quarter. Mercer Global Advisors Inc. ADV increased its position in shares of 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 in the last quarter. Bright Financial Advisors Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $993,000. Leuthold Group LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.4% in the 2nd quarter. Leuthold Group LLC now owns 143,792 shares of the company’s stock worth $11,741,000 after purchasing an additional 560 shares in the last quarter. Finally, ProVise Management Group LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $490,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.10 on Friday. The stock has a market cap of $22.75 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day moving average of $82.01 and a two-hundred day moving average of $82.32. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.