iShares 1-3 Year Treasury Bond ETF $SHY Holdings Raised by Wright Wealth LLC

Wright Wealth LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1,152.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 38,738 shares of the company’s stock after buying an additional 35,646 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 1.8% of Wright Wealth LLC’s holdings, making the stock its 17th biggest holding. Wright Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,146,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 345.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after buying an additional 249 shares during the period. Mather Group LLC. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $28,000. Ashton Thomas Securities LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth about $30,000. Valley National Advisers Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $32,000. Finally, Weaver Capital Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $34,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.3%

SHY stock opened at $81.46 on Tuesday. The stock has a 50-day moving average price of $81.42 and a 200-day moving average price of $82.11. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.95 and a 1-year high of $83.20. The firm has a market cap of $27.44 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be given a dividend of $0.2544 per share. This represents a $3.05 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Monday, November 2nd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410.

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.