McKinley Carter Wealth Services Inc. Takes $2.03 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

McKinley Carter Wealth Services Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 24,494 shares of the company’s stock, valued at approximately $2,029,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Key Financial Inc grew its stake in iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 196 shares during the last quarter. Holos Integrated Wealth LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Lodestone Wealth Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $29,000. Valley National Advisers Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $33,000. Finally, Accredited Wealth Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 50.0% in the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after purchasing an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.10 on Tuesday. The business’s 50-day moving average is $82.43 and its two-hundred day moving average is $82.72. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $82.06 and a 1 year high of $83.20. The firm has a market capitalization of $25.14 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were paid a $0.2428 dividend. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date was Friday, May 1st.

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.