Trevian Wealth Management LLC Makes New Investment in iShares 1-3 Year Treasury Bond ETF $SHY

Trevian Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, Holdings Channel.com reports. The firm acquired 11,046 shares of the company’s stock, valued at approximately $915,000. iShares 1-3 Year Treasury Bond ETF accounts for 0.4% of Trevian Wealth Management LLC’s holdings, making the stock its 26th largest position.

Other institutional investors also recently bought and sold shares of the company. Key Financial Inc increased its holdings in iShares 1-3 Year Treasury Bond ETF by 158.1% during the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after purchasing an additional 196 shares during the period. Holos Integrated Wealth LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $29,000. Lodestone Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Valley National Advisers Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $33,000. Finally, Accredited Wealth Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 50.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after acquiring an additional 150 shares in 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 Trading Down 0.0%

Shares of NASDAQ SHY opened at $82.16 on Friday. The stock has a market capitalization of $25.16 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock’s fifty day simple moving average is $82.45 and its two-hundred day simple moving average is $82.73. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $82.10 and a 12-month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a dividend of $0.2428 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Friday, May 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.