Latko Wealth Management Ltd. Acquires 2,145 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Latko Wealth Management Ltd. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 33.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,481 shares of the company’s stock after purchasing an additional 2,145 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 0.4% of Latko Wealth Management Ltd.’s holdings, making the stock its 18th largest position. Latko Wealth Management Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $695,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Asset Dedication LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.4% in the 3rd quarter. Asset Dedication LLC now owns 2,162 shares of the company’s stock worth $180,000 after acquiring an additional 168 shares during the period. SPC Financial Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock worth $522,000 after acquiring an additional 140 shares during the period. Good Life Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 179.5% in the 3rd quarter. Good Life Advisors LLC now owns 19,456 shares of the company’s stock worth $1,618,000 after acquiring an additional 12,495 shares during the period. Sax Wealth Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 13.2% in the 3rd quarter. Sax Wealth Advisors LLC now owns 5,974 shares of the company’s stock worth $497,000 after acquiring an additional 696 shares during the period. Finally, Well Done LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 12.8% in the 3rd quarter. Well Done LLC now owns 68,776 shares of the company’s stock worth $5,719,000 after acquiring an additional 7,812 shares during the period. Institutional investors own 23.15% of the company’s stock.

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

Shares of SHY stock opened at $82.10 on Friday. The stock has a 50 day moving average of $82.01 and a two-hundred day moving average of $82.36. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The company has a market capitalization of $23.14 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2735 dividend. The ex-dividend date was Monday, February 3rd. This is an increase 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.