Shira Ridge Wealth Management Grows Position in iShares 1-3 Year Treasury Bond ETF $SHY

Shira Ridge Wealth Management lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 124,436 shares of the company’s stock after purchasing an additional 23,989 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 3.6% of Shira Ridge Wealth Management’s investment portfolio, making the stock its 11th biggest holding. Shira Ridge Wealth Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,217,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MCF Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $25,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after buying an additional 249 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth about $30,000. Valley National Advisers Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $33,000. Finally, Merkkuri Wealth Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth about $38,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.92 on Monday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.75 and a 1 year high of $83.20. The firm has a market cap of $25.09 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 $81.95 and a 200 day moving average of $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

iShares 1-3 Year Treasury Bond ETF 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.