Vigilare Wealth Management Makes New Investment in iShares 1-3 Year Treasury Bond ETF $SHY

Vigilare Wealth Management bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 214,563 shares of the company’s stock, valued at approximately $17,423,000. iShares 1-3 Year Treasury Bond ETF accounts for 5.3% of Vigilare Wealth Management’s portfolio, making the stock its 5th biggest holding. Vigilare Wealth Management owned 0.06% of iShares 1-3 Year Treasury Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of SHY. Bank of America Corp DE boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 28.3% during the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after purchasing an additional 3,451,890 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of 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 worth $471,783,000 after purchasing an additional 165,473 shares during the last quarter. RPOA Advisors Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $301,889,000. The Manufacturers Life Insurance Company increased its holdings in iShares 1-3 Year Treasury Bond ETF by 225.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock worth $291,110,000 after buying an additional 2,454,485 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 46.1% during the first quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock valued at $262,216,000 after purchasing an additional 1,002,453 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.70 on Monday. The stock has a market cap of $27.52 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock has a fifty day moving average of $81.43 and a 200 day moving average of $82.12. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.95 and a one year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd will be paid a $0.2544 dividend. This represents a $3.05 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Monday, November 2nd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410.

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.