MilWealth Group LLC Purchases Shares of 1,186 iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

MilWealth Group LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 1,186 shares of the company’s stock, valued at approximately $97,000.

Other large investors have also recently modified their holdings of the company. Logan Capital Management Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $37,000. AlphaMark Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $63,000. Global Trust Asset Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $68,000. Creative Financial Designs Inc. ADV grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after purchasing an additional 167 shares during the last quarter. Finally, Eagle Bay Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at about $76,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.29 on Monday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The firm has a market capitalization of $23.21 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business has a 50 day simple moving average of $82.04 and a two-hundred day simple moving average of $82.36.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.2804 dividend. This represents a $3.36 annualized dividend and a yield of 4.09%. The ex-dividend date was Wednesday, December 18th.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Receive News & Ratings for iShares 1-3 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 1-3 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.