Apella Capital LLC Purchases 116,984 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Apella Capital LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 327.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 152,694 shares of the company’s stock after buying an additional 116,984 shares during the quarter. Apella Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $12,393,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Tower View Wealth Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 11.4% during the 1st quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock valued at $106,000 after acquiring an additional 132 shares during the period. Cahaba Wealth Management Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.5% in the first quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock worth $2,072,000 after purchasing an additional 133 shares during the period. TD Waterhouse Canada Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% in the second quarter. TD Waterhouse Canada Inc. now owns 19,766 shares of the company’s stock valued at $1,618,000 after purchasing an additional 141 shares in the last quarter. Keel Point LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.4% in the fourth quarter. Keel Point LLC now owns 38,398 shares of the company’s stock valued at $3,180,000 after purchasing an additional 142 shares in the last quarter. Finally, Christensen King & Associates Investment Services Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 0.5% during the first quarter. Christensen King & Associates Investment Services Inc. now owns 29,080 shares of the company’s stock worth $2,401,000 after purchasing an additional 153 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

iShares 1-3 Year Treasury Bond ETF stock traded up $0.04 during trading hours on Thursday, reaching $81.20. 1,230,121 shares of the stock were exchanged, compared to its average volume of 4,269,661. The company has a market cap of $26.36 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 $80.95 and a twelve month high of $83.20. The stock has a 50 day moving average of $81.62 and a two-hundred day moving average of $81.97.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.2410 per share. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.89 dividend on an annualized basis and a dividend yield of 3.6%.

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.