Wealthspire Retirement LLC Acquires 23,070 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Wealthspire Retirement LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.2% during the 1st quarter, Holdings Channel reports. The firm owned 211,813 shares of the company’s stock after acquiring an additional 23,070 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 1.0% of Wealthspire Retirement LLC’s investment portfolio, making the stock its 24th largest holding. Wealthspire Retirement LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $17,489,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SHY. MCF Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $25,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 345.8% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock worth $26,000 after buying an additional 249 shares during the last quarter. Lodestone Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $29,000. Valley National Advisers Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $33,000. Finally, Merkkuri Wealth Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at about $38,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $81.83 on Thursday. The company has a market capitalization of $25.45 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.79 and a 52-week high of $83.20. The company has a 50-day simple moving average of $82.02 and a 200 day simple moving average of $82.44.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2383 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, July 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.