Wealthcare Capital Management LLC Raises Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Wealthcare Capital Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,938 shares of the company’s stock after purchasing an additional 3,331 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 0.3% of Wealthcare Capital Management LLC’s investment portfolio, making the stock its 20th biggest position. Wealthcare Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,618,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. SPC Financial Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the 3rd quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock worth $522,000 after buying an additional 140 shares during the period. Redhawk Wealth Advisors Inc. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after purchasing an additional 147 shares in the last quarter. Acorn Wealth Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after purchasing an additional 152 shares in the last quarter. Rehmann Capital Advisory Group grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock worth $2,199,000 after purchasing an additional 152 shares during the period. Finally, D.A. Davidson & CO. increased its position in iShares 1-3 Year Treasury Bond ETF by 1.6% during the 3rd quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock worth $818,000 after purchasing an additional 153 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of SHY stock opened at $82.10 on Friday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The firm’s 50 day moving average price is $82.01 and its two-hundred day moving average price is $82.32. The stock has a market cap of $22.75 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 annualized dividend and a dividend yield of 4.10%.

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.