Montag A & Associates Inc. Buys 19,708 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Montag A & Associates Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 199,863 shares of the company’s stock after acquiring an additional 19,708 shares during the quarter. Montag A & Associates Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $16,503,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. TruWealth Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% in the 4th quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock worth $234,000 after purchasing an additional 121 shares during the period. Bryn Mawr Trust Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 2.3% during the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock worth $467,000 after buying an additional 126 shares during the last quarter. Savant Capital LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.4% during the fourth quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock worth $737,000 after buying an additional 126 shares during the last quarter. Tower View Wealth Management LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 11.4% in the first quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock valued at $106,000 after buying an additional 132 shares during the period. Finally, Azimuth Capital Investment Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.0% during the third quarter. Azimuth Capital Investment Management LLC now owns 7,003 shares of the company’s stock valued at $581,000 after acquiring an additional 135 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors.

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

SHY stock opened at $81.86 on Wednesday. The stock has a 50-day moving average price of $82.11 and a 200-day moving average price of $82.51. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.83 and a 1-year high of $83.20. The firm has a market cap of $25.34 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.