Western Wealth Management LLC Takes Position in iShares 1-3 Year Treasury Bond ETF $SHY

Western Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 7,622 shares of the company’s stock, valued at approximately $631,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Key Financial Inc increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% during the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after acquiring an additional 196 shares during the last quarter. Lodestone Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $29,000. Holos Integrated Wealth LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $29,000. Valley National Advisers Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $33,000. Finally, Accredited Wealth Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after acquiring an additional 150 shares during the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.06 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.06 and a 12 month high of $83.20. The company has a 50-day moving average of $82.44 and a 200-day moving average of $82.73. The company has a market cap of $25.13 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were paid a dividend of $0.2428 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

iShares 1-3 Year Treasury Bond ETF 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.