Welch Group LLC Acquires 28,686 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Welch Group LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 28,686 shares of the company’s stock, valued at approximately $2,329,000.

Several other large investors have also bought and sold shares of the stock. Apella Capital LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 327.6% during the third quarter. Apella Capital LLC now owns 152,694 shares of the company’s stock worth $12,393,000 after buying an additional 116,984 shares during the period. Baird Financial Group Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 5.5% in the 2nd quarter. Baird Financial Group Inc. now owns 303,706 shares of the company’s stock valued at $24,937,000 after acquiring an additional 15,954 shares in the last quarter. Silicon Valley Capital Partners boosted its stake in iShares 1-3 Year Treasury Bond ETF by 12.5% during the 2nd quarter. Silicon Valley Capital Partners now owns 576,059 shares of the company’s stock valued at $47,300,000 after purchasing an additional 64,060 shares during the last quarter. Financial Management Professionals Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth $1,140,000. Finally, IFP Advisors Inc boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 16.6% in the 2nd quarter. IFP Advisors Inc now owns 180,492 shares of the company’s stock worth $14,820,000 after buying an additional 25,675 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.70 on Monday. The firm has a market capitalization of $27.52 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.95 and a 12 month high of $83.20. The business’s fifty day simple moving average is $81.43 and its 200 day simple moving average is $82.12.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be issued a dividend of $0.2544 per share. This represents a $3.05 dividend on an annualized basis and a yield of 3.7%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date is Monday, November 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.