Almanack Investment Partners LLC. Acquires 121,052 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Almanack Investment Partners LLC. increased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1,342.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,069 shares of the company’s stock after acquiring an additional 121,052 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 1.6% of Almanack Investment Partners LLC.’s investment portfolio, making the stock its 14th biggest holding. Almanack Investment Partners LLC.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,663,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Golden State Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $30,000. Logan Capital Management Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $37,000. AlphaMark Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $63,000. Global Trust Asset Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $68,000. Finally, Creative Financial Designs Inc. ADV boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after acquiring an additional 167 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $81.97 on Friday. The firm has a market cap of $23.10 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a 50-day moving average price of $82.03 and a 200-day moving average price of $82.36. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.2735 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.