iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Golden State Wealth Management LLC

Golden State Wealth Management LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 121.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,263 shares of the company’s stock after purchasing an additional 1,240 shares during the period. Golden State Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $188,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hantz Financial Services Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth approximately $25,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after acquiring an additional 125 shares in the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth $39,000. Flaharty Asset Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth $40,000. Finally, Garrison Bradford & Associates Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth $41,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0%

NASDAQ:SHY opened at $82.83 on Friday. The stock has a fifty day simple moving average of $82.92 and a 200 day simple moving average of $82.69. The firm has a market capitalization of $23.91 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.67 and a 1-year high of $83.14.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a $0.2627 dividend. This represents a c) annualized dividend and a dividend yield of 3.8%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date of this dividend was Monday, November 3rd.

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.