Independent Solutions Wealth Management LLC Purchases 174 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Independent Solutions Wealth Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.2% during the 2nd quarter, Holdings Channel reports. The fund owned 84,467 shares of the company’s stock after acquiring an additional 174 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.4% of Independent Solutions Wealth Management LLC’s investment portfolio, making the stock its 19th largest position. Independent Solutions Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,999,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. DMC Group LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 1.7% during the first quarter. DMC Group LLC now owns 7,417 shares of the company’s stock worth $614,000 after purchasing an additional 122 shares during the period. CNB Bank raised its stake in iShares 1-3 Year Treasury Bond ETF by 6.6% in the first quarter. CNB Bank now owns 2,018 shares of the company’s stock valued at $167,000 after purchasing an additional 125 shares in the last quarter. Apollon Wealth Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.6% in the first quarter. Apollon Wealth Management LLC now owns 21,474 shares of the company’s stock valued at $1,777,000 after purchasing an additional 125 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of 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 worth $33,000 after acquiring an additional 125 shares in the last quarter. Finally, Robinson Value Management Ltd. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the first quarter. Robinson Value Management Ltd. now owns 18,177 shares of the company’s stock worth $1,504,000 after acquiring an additional 128 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

Shares of NASDAQ SHY opened at $82.77 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.67 and a 52 week high of $83.12. The firm’s fifty day moving average is $82.81 and its 200 day moving average is $82.64. The company has a market cap of $23.97 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a $0.2563 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.7%.

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.