iShares 1-3 Year Treasury Bond ETF $SHY Shares Acquired by Modern Wealth Management LLC

Modern Wealth Management LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.3% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 469,791 shares of the company’s stock after buying an additional 35,817 shares during the quarter. Modern Wealth Management LLC owned about 0.15% of iShares 1-3 Year Treasury Bond ETF worth $38,673,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. MCF Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $25,000. Whittier Trust Co. of Nevada Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 345.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares during the last quarter. Lodestone Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $29,000. Valley National Advisers Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $33,000. Finally, Merkkuri Wealth Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth about $38,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $81.77 on Friday. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.76 and a one year high of $83.20. The company has a 50-day simple moving average of $82.01 and a 200-day simple moving average of $82.43. The firm has a market capitalization of $25.43 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a $0.2383 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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.