iShares 1-3 Year Treasury Bond ETF $SHY Stock Position Lifted by Wright Wealth LLC

Wright Wealth LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1,152.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,738 shares of the company’s stock after acquiring an additional 35,646 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for approximately 1.8% of Wright Wealth LLC’s investment portfolio, making the stock its 17th largest position. Wright Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,146,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Salomon & Ludwin LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.8% during the third quarter. Salomon & Ludwin LLC now owns 183,424 shares of the company’s stock worth $14,894,000 after buying an additional 5,040 shares during the last quarter. Vigilare Wealth Management bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $17,423,000. Welch Group LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $2,329,000. Woodmont Investment Counsel LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $483,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $1,024,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.3%

Shares of SHY stock opened at $81.46 on Tuesday. The firm has a market capitalization of $27.44 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.95 and a twelve month high of $83.20. The stock’s fifty day simple moving average is $81.42 and its 200 day simple moving average is $82.11.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.