Buska Wealth Management LLC Takes Position in iShares 1-3 Year Treasury Bond ETF $SHY

Buska Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 12,909 shares of the company’s stock, valued at approximately $1,060,000. iShares 1-3 Year Treasury Bond ETF accounts for about 0.4% of Buska Wealth Management LLC’s holdings, making the stock its 29th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of SHY. NewEdge Advisors LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 0.7% during the second quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after acquiring an additional 916 shares during the last quarter. Squarepoint Ops LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% during the second quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after purchasing an additional 7,731 shares during the period. Darwin Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $70,000. NCM Capital Management LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 6.7% during the 2nd quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after purchasing an additional 603 shares during the last quarter. Finally, Ausdal Financial Partners Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 2.9% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after purchasing an additional 919 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $81.87 on Wednesday. The business has a fifty day simple moving average of $81.95 and a 200 day simple moving average of $82.34. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.75 and a 1 year high of $83.20. The company has a market capitalization of $25.08 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.2508 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.