Topel & Distasi Wealth Management LLC Boosts Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Topel & Distasi Wealth Management LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 45,147 shares of the company’s stock after buying an additional 539 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 1.6% of Topel & Distasi Wealth Management LLC’s portfolio, making the stock its 20th largest holding. Topel & Distasi Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,701,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of SHY. Golden State Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $30,000. Van ECK Associates Corp boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% in the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares during the last quarter. Roxbury Financial LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $36,000. Logan Capital Management Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $37,000. Finally, AlphaMark Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $63,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.10 on Monday. The stock has a 50 day moving average price of $82.01 and a 200 day moving average price of $82.36. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The stock has a market capitalization of $23.14 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.2735 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 3rd.

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.