Ameliora Wealth Management Ltd. Has $429,000 Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Ameliora Wealth Management Ltd. lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,180 shares of the company’s stock after selling 477 shares during the period. Ameliora Wealth Management Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $429,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Accurate Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth $4,804,000. Simplicity Wealth LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 151.0% in the first quarter. Simplicity Wealth LLC now owns 21,999 shares of the company’s stock worth $1,820,000 after buying an additional 13,234 shares during the period. Wealthcare Capital Management LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% in the first quarter. Wealthcare Capital Management LLC now owns 32,304 shares of the company’s stock worth $2,673,000 after buying an additional 366 shares during the period. Wealthcare Advisory Partners LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% in the first quarter. Wealthcare Advisory Partners LLC now owns 42,596 shares of the company’s stock worth $3,524,000 after buying an additional 15,716 shares during the period. Finally, International Private Wealth Advisors LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.7% in the first quarter. International Private Wealth Advisors LLC now owns 15,592 shares of the company’s stock worth $1,290,000 after buying an additional 836 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

SHY opened at $82.27 on Tuesday. The stock has a market cap of $23.89 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.04. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.26 and a 1 year high of $83.30. The stock has a fifty day moving average price of $82.56 and a 200 day moving average price of $82.31.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were given a dividend of $0.2718 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.26 dividend on an annualized basis and a yield of 3.96%.

About iShares 1-3 Year Treasury Bond ETF

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.