Midwest Heritage Bank FSB Increases Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Midwest Heritage Bank FSB boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 100,955 shares of the company’s stock after purchasing an additional 19,008 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 2.7% of Midwest Heritage Bank FSB’s investment portfolio, making the stock its 11th biggest holding. Midwest Heritage Bank FSB’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,336,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in SHY. TruWealth Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% in the fourth quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock valued at $234,000 after buying an additional 121 shares in the last quarter. Bryn Mawr Trust Advisors LLC boosted its holdings in 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 worth $467,000 after acquiring an additional 126 shares during the period. Savant Capital LLC boosted its holdings in 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 worth $737,000 after acquiring an additional 126 shares during the period. Clientfirst Wealth Management LLC boosted its holdings in 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 worth $970,000 after acquiring an additional 133 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in iShares 1-3 Year Treasury Bond ETF by 0.9% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 14,699 shares of the company’s stock valued at $1,219,000 after acquiring an additional 134 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $81.99 on Friday. The firm has a market capitalization of $25.11 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm’s 50 day moving average is $82.23 and its 200-day moving average is $82.58. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.86 and a 52-week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.2429 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.