iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Western Wealth Management LLC

Western Wealth Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 456.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,415 shares of the company’s stock after purchasing an additional 34,793 shares during the quarter. Western Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,502,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in SHY. Captrust Financial Advisors increased its holdings 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 valued at $1,487,841,000 after purchasing an additional 940,434 shares during the last quarter. Bank of America Corp DE boosted its stake in iShares 1-3 Year Treasury Bond ETF by 28.3% during the first quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock worth $1,292,182,000 after buying an additional 3,451,890 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 4.6% in the 4th quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock valued at $878,695,000 after buying an additional 467,629 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in iShares 1-3 Year Treasury Bond ETF by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock valued at $471,783,000 after buying an additional 165,473 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after acquiring an additional 4,206,546 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

NASDAQ SHY opened at $81.99 on Friday. The business’s fifty day simple moving average is $81.99 and its 200-day simple moving average is $82.39. The firm has a market cap of $25.24 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.76 and a 52 week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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