Simplicity Wealth LLC Takes Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Simplicity Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,765 shares of the company’s stock, valued at approximately $719,000.

A number of other large investors have also recently added to or reduced their stakes in SHY. Proficio Capital Partners LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after buying an additional 8,173,293 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $389,029,000. Captrust Financial Advisors boosted its stake in iShares 1-3 Year Treasury Bond ETF by 72.7% in the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after purchasing an additional 3,563,486 shares during the period. Assetmark Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 94.0% in the 4th quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock worth $334,149,000 after purchasing an additional 1,975,432 shares during the period. Finally, LPL Financial LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after purchasing an additional 1,193,337 shares during the period. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.38 on Monday. The company has a 50 day moving average price of $82.12 and a 200 day moving average price of $82.33. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The firm has a market capitalization of $23.21 billion, a price-to-earnings ratio of 3,755.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2531 per share. The ex-dividend date was Monday, March 3rd.

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.