Spire Wealth Management Has $5.04 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Spire Wealth Management trimmed its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 61,471 shares of the company’s stock after selling 3,432 shares during the period. Spire Wealth Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,042,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SHY. Clearstead Trust LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11.2% during the fourth quarter. Clearstead Trust LLC now owns 3,100 shares of the company’s stock valued at $254,000 after acquiring an additional 313 shares during the period. National Bank of Canada FI boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the 4th quarter. National Bank of Canada FI now owns 72,218 shares of the company’s stock valued at $5,908,000 after purchasing an additional 449 shares during the last quarter. Ifrah Financial Services Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.2% during the 4th quarter. Ifrah Financial Services Inc. now owns 129,630 shares of the company’s stock worth $10,635,000 after buying an additional 2,832 shares during the period. ARS Wealth Advisors Group LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $469,000. Finally, Provence Wealth Management Group lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.6% in the fourth quarter. Provence Wealth Management Group now owns 9,533 shares of the company’s stock valued at $782,000 after buying an additional 241 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock traded down $0.01 on Monday, hitting $81.29. 2,960,392 shares of the company’s stock traded hands, compared to its average volume of 4,552,068. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.43. The firm’s 50-day moving average price is $81.46 and its two-hundred day moving average price is $81.58. The stock has a market capitalization of $24.54 billion, a PE ratio of 3,695.45 and a beta of 0.04.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be issued a dividend of $0.2616 per share. This represents a $3.14 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date is Wednesday, May 1st.

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.