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

Western Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 7,622 shares of the company’s stock, valued at approximately $631,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. TruWealth Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% during the fourth quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock worth $234,000 after buying an additional 121 shares in the last quarter. Bryn Mawr Trust Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock worth $467,000 after buying an additional 126 shares in the last quarter. Aspire Growth Partners LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.0% during the third quarter. Aspire Growth Partners LLC now owns 13,284 shares of the company’s stock worth $1,102,000 after buying an additional 127 shares in the last quarter. Onyx Bridge Wealth Group LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the third quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock worth $437,000 after buying an additional 128 shares in the last quarter. Finally, Belpointe Asset Management LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% during the third quarter. Belpointe Asset Management LLC now owns 17,415 shares of the company’s stock worth $1,445,000 after buying an additional 131 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.06 on Friday. The company has a market cap of $25.13 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 $82.06 and a 12 month high of $83.20. The company has a 50-day simple moving average of $82.44 and a 200-day simple moving average of $82.73.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a dividend of $0.2428 per share. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

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.