WCG Wealth Advisors LLC Makes New $917,000 Investment in iShares 1-3 Year Treasury Bond ETF $SHY

WCG Wealth Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 11,074 shares of the company’s stock, valued at approximately $917,000.

A number of other institutional investors have also bought and sold shares of the business. Avestar Capital LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 11.1% in the 4th quarter. Avestar Capital LLC now owns 4,225 shares of the company’s stock worth $350,000 after purchasing an additional 421 shares in the last quarter. Marble Wealth LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $1,203,000. Spectrum Planning & Advisory Services Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $655,000. Goldman Sachs Group Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 40.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,100,486 shares of the company’s stock worth $91,142,000 after purchasing an additional 316,254 shares in the last quarter. Finally, Rational Advisors Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 700.0% in the 4th quarter. Rational Advisors Inc. now owns 688 shares of the company’s stock worth $57,000 after purchasing an additional 602 shares in the last quarter. 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 $81.86 on Friday. The company’s 50 day simple moving average is $82.30 and its two-hundred day simple moving average is $82.65. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.86 and a 1-year high of $83.20. The firm has a market capitalization of $25.07 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.2429 dividend. This is a positive change 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. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.