iShares 1-3 Year Treasury Bond ETF $SHY Stock Holdings Reduced by Welch Group LLC

Welch Group LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 35.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 29,463 shares of the company’s stock after selling 16,151 shares during the period. Welch Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,433,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. MCF Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $25,000. Holos Integrated Wealth LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $29,000. Lodestone Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $29,000. Valley National Advisers Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $33,000. Finally, Accredited Wealth Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 50.0% during the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after acquiring an additional 150 shares in the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.19 on Friday. The firm has a market cap of $25.17 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm’s 50 day moving average price is $82.19 and its 200 day moving average price is $82.55. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.86 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.2429 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.