Members Advisory Group LLC Purchases Shares of 161,373 iShares 1-3 Year Treasury Bond ETF $SHY

Members Advisory Group LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 161,373 shares of the company’s stock, valued at approximately $13,325,000. iShares 1-3 Year Treasury Bond ETF comprises about 4.6% of Members Advisory Group LLC’s portfolio, making the stock its 9th largest position.

Other hedge funds also recently modified their holdings of the company. Captrust Financial Advisors grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% in the fourth quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock worth $1,487,841,000 after purchasing an additional 940,434 shares during the last quarter. JPMorgan Chase & Co. raised its position in iShares 1-3 Year Treasury Bond ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock worth $878,695,000 after purchasing an additional 467,629 shares during the last quarter. Bank of New York Mellon Corp raised its position in iShares 1-3 Year Treasury Bond ETF by 3.0% during the 1st quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock worth $471,783,000 after purchasing an additional 165,473 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 387.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after buying an additional 4,206,546 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.9% during the 4th quarter. Wells Fargo & Company MN now owns 5,213,941 shares of the company’s stock worth $431,819,000 after buying an additional 45,271 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%

NASDAQ SHY opened at $82.00 on Thursday. The firm has a market capitalization of $25.67 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business’s 50-day moving average price is $82.05 and its two-hundred day moving average price is $82.47. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.79 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.