McKinley Carter Wealth Services Inc. Purchases 150,751 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

McKinley Carter Wealth Services Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 150,751 shares of the company’s stock, valued at approximately $12,241,000.

A number of other hedge funds have also modified their holdings of SHY. Bank of America Corp DE boosted its position in iShares 1-3 Year Treasury Bond ETF by 28.3% during the first quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after purchasing an additional 3,451,890 shares during the last quarter. Bank of New York Mellon Corp grew its stake in iShares 1-3 Year Treasury Bond ETF by 3.0% in the first quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock valued at $471,783,000 after purchasing an additional 165,473 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in iShares 1-3 Year Treasury Bond ETF by 225.0% in the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock valued at $291,110,000 after purchasing an additional 2,454,485 shares in the last quarter. Assetmark Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 46.1% in the first quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock valued at $262,216,000 after purchasing an additional 1,002,453 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 18.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,428,740 shares of the company’s stock worth $200,541,000 after purchasing an additional 372,529 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

SHY stock traded up $0.07 during mid-day trading on Friday, hitting $81.36. The stock had a trading volume of 3,277,864 shares, compared to its average volume of 4,272,240. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.95 and a 1-year high of $83.20. The company has a fifty day moving average of $81.52 and a 200 day moving average of $81.92. The stock has a market capitalization of $26.93 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a $0.2410 dividend. This represents a $2.89 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440.

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.