Wealth Enhancement Advisory Services LLC Acquires 156,721 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Wealth Enhancement Advisory Services LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 38.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 567,526 shares of the company’s stock after buying an additional 156,721 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.20% of iShares 1-3 Year Treasury Bond ETF worth $47,049,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Harbor Investment Advisory LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 16.7% during the third quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock valued at $3,740,000 after purchasing an additional 6,436 shares during the period. First Horizon Corp bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $2,116,000. Cadence Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth $5,524,000. Childress Capital Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $896,000. Finally, JARISLOWSKY FRASER Ltd raised its holdings in iShares 1-3 Year Treasury Bond ETF by 66.9% during the 3rd quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock valued at $3,445,000 after buying an additional 16,647 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

Shares of SHY opened at $82.43 on Tuesday. The stock has a market capitalization of $24.09 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20. The firm has a fifty day simple moving average of $82.82 and a two-hundred day simple moving average of $82.87.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.223 per share. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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.