Welch Group LLC Acquires 7,065 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Welch Group LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,614 shares of the company’s stock after purchasing an additional 7,065 shares during the period. Welch Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,778,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 6.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 116,794 shares of the company’s stock valued at $9,673,000 after purchasing an additional 6,660 shares during the period. Discipline Wealth Solutions LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 47.8% in the fourth quarter. Discipline Wealth Solutions LLC now owns 23,144 shares of the company’s stock worth $1,917,000 after buying an additional 7,482 shares during the period. XY Planning Network Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $823,000. Invariant Investment Management purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $8,887,000. Finally, Valmark Advisers Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 26.7% during the 4th quarter. Valmark Advisers Inc. now owns 4,273 shares of the company’s stock valued at $354,000 after acquiring an additional 900 shares during the period. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

iShares 1-3 Year Treasury Bond ETF stock opened at $82.48 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $82.21 and a 12-month high of $83.20. The firm has a market capitalization of $25.61 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm has a 50 day moving average of $82.67 and a 200 day moving average of $82.81.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a $0.2469 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Wednesday, April 1st.

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.