Waverly Advisors LLC Increases Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Waverly Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 48.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 103,002 shares of the company’s stock after buying an additional 33,429 shares during the quarter. Waverly Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,505,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Bryn Mawr Trust Advisors LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.3% in the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock worth $467,000 after acquiring an additional 126 shares in the last quarter. Savant Capital LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock worth $737,000 after acquiring an additional 126 shares during the period. Tower View Wealth Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 11.4% during the 1st quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock valued at $106,000 after purchasing an additional 132 shares during the last quarter. Cahaba Wealth Management Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 0.5% in the 1st quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock worth $2,072,000 after purchasing an additional 133 shares during the period. Finally, Marshall & Sterling Wealth Advisors Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.2% during the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 11,275 shares of the company’s stock worth $934,000 after acquiring an additional 138 shares during the period. 23.15% of the stock is currently owned by institutional investors.

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

NASDAQ:SHY opened at $81.86 on Tuesday. The business’s 50-day moving average is $82.00 and its 200 day moving average is $82.41. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.76 and a 12 month high of $83.20. The company has a market capitalization of $25.41 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.