Obermeyer Wealth Partners Makes New Investment in iShares 1-3 Year Treasury Bond ETF $SHY

Obermeyer Wealth Partners bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 8,218 shares of the company’s stock, valued at approximately $667,000.

Several other large investors have also made changes to their positions in the company. Tower View Wealth Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 11.4% during the 1st quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock worth $106,000 after purchasing an additional 132 shares in the last quarter. Cahaba Wealth Management Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.5% during the 1st quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock valued at $2,072,000 after purchasing an additional 133 shares during the last quarter. TD Waterhouse Canada Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 19,766 shares of the company’s stock valued at $1,618,000 after purchasing an additional 141 shares during the last quarter. Christensen King & Associates Investment Services Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 0.5% in the first quarter. Christensen King & Associates Investment Services Inc. now owns 29,080 shares of the company’s stock valued at $2,401,000 after buying an additional 153 shares in the last quarter. Finally, Centaurus Financial Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 6.8% in the first quarter. Centaurus Financial Inc. now owns 2,604 shares of the company’s stock valued at $215,000 after buying an additional 165 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

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

NASDAQ:SHY opened at $81.29 on Thursday. The firm has a market cap of $27.12 billion, a PE 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 company’s 50-day moving average price is $81.49 and its two-hundred day moving average price is $81.89.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.2410 dividend. This represents a $2.89 dividend on an annualized basis and a dividend yield of 3.6%. This is a decrease from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date was Thursday, October 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.