HighMark Wealth Management LLC Buys Shares of 1,171 iShares 1-3 Year Treasury Bond ETF $SHY

HighMark Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,171 shares of the company’s stock, valued at approximately $97,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Godsey & Gibb Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB increased its holdings in iShares 1-3 Year Treasury Bond ETF by 45.5% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after buying an additional 125 shares during the last quarter. WestEnd Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $35,000. CENTRAL TRUST Co increased its holdings in iShares 1-3 Year Treasury Bond ETF by 575.4% during the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock valued at $36,000 after buying an additional 374 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth approximately $39,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.82 on Friday. The firm has a market cap of $23.42 billion, a P/E ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.67 and a 1-year high of $83.12. The company has a 50 day simple moving average of $82.80 and a two-hundred day simple moving average of $82.63.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be given a $0.2563 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Wednesday, October 1st.

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.