WLTH Capital Management LLC Acquires Shares of 17,804 iShares 1-3 Year Treasury Bond ETF $SHY

WLTH Capital Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 17,804 shares of the company’s stock, valued at approximately $1,479,000. iShares 1-3 Year Treasury Bond ETF accounts for about 1.2% of WLTH Capital Management LLC’s holdings, making the stock its 18th biggest position.

A number of other hedge funds have also recently modified their holdings of the stock. TruWealth Advisors LLC raised its position in 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 valued at $234,000 after acquiring an additional 121 shares in the last quarter. Bryn Mawr Trust Advisors LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.3% in the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after acquiring an additional 126 shares during the period. Savant Capital LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock worth $737,000 after purchasing an additional 126 shares in the last quarter. Clientfirst Wealth Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 1.2% in the 3rd quarter. Clientfirst Wealth Management LLC now owns 11,689 shares of the company’s stock worth $970,000 after purchasing an additional 133 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in iShares 1-3 Year Treasury Bond ETF by 0.9% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 14,699 shares of the company’s stock worth $1,219,000 after purchasing an additional 134 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $81.99 on Friday. The stock has a market capitalization of $25.11 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s 50 day simple moving average is $82.24 and its 200-day simple moving average is $82.58. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.86 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.2429 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date of this dividend was Monday, June 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.