Wellspring Financial Advisors LLC Purchases 121,714 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Wellspring Financial Advisors LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 578.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 142,749 shares of the company’s stock after acquiring an additional 121,714 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 0.2% of Wellspring Financial Advisors LLC’s holdings, making the stock its 28th largest holding. Wellspring Financial Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $11,822,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. TruWealth Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% in the 4th quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock valued at $234,000 after purchasing an additional 121 shares during the period. Bryn Mawr Trust Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after purchasing an additional 126 shares during the period. Savant Capital LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock valued at $737,000 after purchasing an additional 126 shares during the period. Onyx Bridge Wealth Group LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock valued at $437,000 after purchasing an additional 128 shares during the period. Finally, Clientfirst Wealth Management LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% in the 3rd quarter. Clientfirst Wealth Management LLC now owns 11,689 shares of the company’s stock valued at $970,000 after purchasing an additional 133 shares during the period. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $81.94 on Thursday. 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 cap of $25.09 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business’s 50 day moving average is $82.28 and its 200-day moving average is $82.62.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.2429 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 3.6%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.