iShares 1-3 Year Treasury Bond ETF $SHY Position Raised by LWM Advisors Inc.

LWM Advisors Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 121,914 shares of the company’s stock after purchasing an additional 14,601 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 7.5% of LWM Advisors Inc.’s portfolio, making the stock its 4th biggest position. LWM Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,010,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of SHY. NewEdge Advisors LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock valued at $10,916,000 after buying an additional 916 shares during the period. Squarepoint Ops LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 103.3% in the second quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after buying an additional 7,731 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $70,000. NCM Capital Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 6.7% during the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after buying an additional 603 shares during the period. Finally, Ausdal Financial Partners Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 2.9% during the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after acquiring an additional 919 shares during 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

SHY stock opened at $81.92 on Monday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.75 and a twelve month high of $83.20. The stock has a market capitalization of $25.09 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day simple moving average is $81.95 and its two-hundred day simple moving average is $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a dividend of $0.2508 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.