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

Venturi Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the first quarter, Holdings Channel reports. The fund bought 11,801 shares of the company’s stock, valued at approximately $974,000.

Other hedge funds also recently bought and sold shares of the company. Maridea Wealth Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 165.4% during the 1st quarter. Maridea Wealth Management LLC now owns 14,026 shares of the company’s stock worth $1,158,000 after acquiring an additional 8,742 shares during the period. Laurel Oak Wealth Management LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 8.3% in the 1st quarter. Laurel Oak Wealth Management LLC now owns 27,087 shares of the company’s stock valued at $2,237,000 after purchasing an additional 2,075 shares during the period. Sugar Maple Asset Management LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.8% in the 1st quarter. Sugar Maple Asset Management LLC now owns 78,918 shares of the company’s stock valued at $6,516,000 after purchasing an additional 592 shares during the period. Sequent Planning LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the 1st quarter. Sequent Planning LLC now owns 31,070 shares of the company’s stock valued at $2,565,000 after purchasing an additional 749 shares in the last quarter. Finally, Independent Wealth Network Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% during the 1st quarter. Independent Wealth Network Inc. now owns 15,797 shares of the company’s stock valued at $1,304,000 after purchasing an additional 251 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.19 on Friday. The stock has a market cap of $25.17 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.86 and a fifty-two week high of $83.20. The firm’s fifty day moving average price is $82.19 and its 200-day moving average price is $82.55.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.2429 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, June 1st.

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.