Vestmark Advisory Solutions Inc. Invests $377,000 in iShares 1-3 Year Treasury Bond ETF $SHY

Vestmark Advisory Solutions Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 4,549 shares of the company’s stock, valued at approximately $377,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of SHY. Live Oak Private Wealth LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.9% in the second quarter. Live Oak Private Wealth LLC now owns 6,613 shares of the company’s stock worth $548,000 after buying an additional 123 shares during the period. Apollon Wealth Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.6% during the 1st quarter. Apollon Wealth Management LLC now owns 21,474 shares of the company’s stock valued at $1,777,000 after purchasing an additional 125 shares during the period. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 125 shares in the last quarter. Robinson Value Management Ltd. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the first quarter. Robinson Value Management Ltd. now owns 18,177 shares of the company’s stock worth $1,504,000 after buying an additional 128 shares during the period. Finally, Stolper Co grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% during the second quarter. Stolper Co now owns 8,250 shares of the company’s stock valued at $684,000 after buying an additional 132 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.82 on Thursday. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.67 and a one year high of $83.14. The company’s fifty day moving average price is $82.92 and its two-hundred day moving average price is $82.70. The company 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 Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were issued a dividend of $0.2627 per share. This represents a c) annualized dividend and a yield of 3.8%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date was Monday, November 3rd.

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.