Vigilare Wealth Management Buys 214,563 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Vigilare Wealth Management acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 214,563 shares of the company’s stock, valued at approximately $17,423,000. iShares 1-3 Year Treasury Bond ETF accounts for approximately 5.3% of Vigilare Wealth Management’s holdings, making the stock its 5th largest position.

Several other institutional investors have also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 345.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after acquiring an additional 249 shares in the last quarter. Mather Group LLC. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $28,000. Ashton Thomas Securities LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth $30,000. Valley National Advisers Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $32,000. Finally, Weaver Capital Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $34,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $81.70 on Monday. The stock has a market capitalization of $27.52 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.95 and a 52 week high of $83.20. The stock’s 50-day moving average price is $81.43 and its 200-day moving average price is $82.12.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.