iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by Mascoma Wealth Management LLC

Mascoma Wealth Management LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 63.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,186 shares of the company’s stock after buying an additional 15,664 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 0.7% of Mascoma Wealth Management LLC’s portfolio, making the stock its 24th largest position. Mascoma Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,318,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SHY. MCF Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $25,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 345.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares during the period. Holos Integrated Wealth LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $29,000. Lodestone Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $29,000. Finally, Valley National Advisers Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $33,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

NASDAQ SHY traded down $0.03 during trading hours on Friday, hitting $81.88. 2,173,839 shares of the company were exchanged, compared to its average volume of 4,373,022. The firm has a market cap of $25.31 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The company has a 50 day moving average of $82.07 and a two-hundred day moving average of $82.49. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.81 and a 52-week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2383 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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.