iShares 1-3 Year Treasury Bond ETF $SHY is WJ Wealth Management LLC’s 3rd Largest Position

WJ Wealth Management LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1,772.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 225,209 shares of the company’s stock after buying an additional 213,181 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 5.9% of WJ Wealth Management LLC’s holdings, making the stock its 3rd largest position. WJ Wealth Management LLC owned approximately 0.08% of iShares 1-3 Year Treasury Bond ETF worth $18,661,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. WealthPlan Investment Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 3.7% during the 2nd quarter. WealthPlan Investment Management LLC now owns 5,113 shares of the company’s stock valued at $424,000 after buying an additional 182 shares during the last quarter. Allianz Asset Management GmbH purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $3,300,000. Patten & Patten Inc. TN raised its stake in iShares 1-3 Year Treasury Bond ETF by 8.3% during the 2nd quarter. Patten & Patten Inc. TN now owns 45,976 shares of the company’s stock valued at $3,810,000 after buying an additional 3,504 shares during the last quarter. Morris Financial Concepts Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 5.7% during the 2nd quarter. Morris Financial Concepts Inc. now owns 106,371 shares of the company’s stock valued at $8,814,000 after buying an additional 5,698 shares during the last quarter. Finally, Mutual Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 10.7% during the 2nd quarter. Mutual Advisors LLC now owns 102,038 shares of the company’s stock valued at $8,423,000 after buying an additional 9,891 shares during the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.99 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.67 and a 1 year high of $83.12. The firm has a fifty day moving average price of $82.85 and a 200-day moving average price of $82.65. The company has a market cap of $23.79 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a dividend of $0.2563 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.