Mmbg Investment Advisors CO. Buys 11,380 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Mmbg Investment Advisors CO. lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 35.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,184 shares of the company’s stock after buying an additional 11,380 shares during the quarter. Mmbg Investment Advisors CO.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,576,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. TruWealth Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 4.5% during the 4th quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock valued at $234,000 after purchasing an additional 121 shares during the period. Bryn Mawr Trust Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 2.3% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after purchasing an additional 126 shares during the period. Aspire Growth Partners LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.0% during the 3rd quarter. Aspire Growth Partners LLC now owns 13,284 shares of the company’s stock valued at $1,102,000 after purchasing an additional 127 shares during the period. Onyx Bridge Wealth Group LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 2.5% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock valued at $437,000 after purchasing an additional 128 shares during the period. Finally, Belpointe Asset Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.8% during the 3rd quarter. Belpointe Asset Management LLC now owns 17,415 shares of the company’s stock valued at $1,445,000 after purchasing an additional 131 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.12 on Tuesday. The company has a market capitalization of $25.15 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business’s 50 day moving average is $82.37 and its 200 day moving average is $82.69. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $82.00 and a 12-month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a dividend of $0.2428 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Friday, May 1st.

About iShares 1-3 Year Treasury Bond ETF

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.