Moment Partners LLC Takes Position in iShares 1-3 Year Treasury Bond ETF $SHY

Moment Partners LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 288,044 shares of the company’s stock, valued at approximately $23,784,000. iShares 1-3 Year Treasury Bond ETF accounts for 4.2% of Moment Partners LLC’s investment portfolio, making the stock its 7th largest holding.

Several other institutional investors also recently modified their holdings of SHY. Global Assets Advisory LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 12.8% in the first quarter. Global Assets Advisory LLC now owns 3,630 shares of the company’s stock valued at $288,000 after purchasing an additional 413 shares during the period. Diversify Wealth Management LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 20.9% during the 1st quarter. Diversify Wealth Management LLC now owns 10,813 shares of the company’s stock worth $891,000 after purchasing an additional 1,868 shares during the last quarter. Towercrest Capital Management lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 6.1% during the 1st quarter. Towercrest Capital Management now owns 20,754 shares of the company’s stock worth $1,714,000 after buying an additional 1,194 shares during the period. Valmark Advisers Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 414.7% during the 1st quarter. Valmark Advisers Inc. now owns 21,992 shares of the company’s stock worth $1,816,000 after buying an additional 17,719 shares during the period. Finally, 180 Wealth Advisors LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 24.8% during the 1st quarter. 180 Wealth Advisors LLC now owns 7,856 shares of the company’s stock worth $649,000 after buying an additional 1,563 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $81.88 on Monday. The firm has a market capitalization of $25.73 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business’s 50-day moving average price is $82.07 and its two-hundred day moving average price is $82.48. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.81 and a 12 month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.2383 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, July 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.