iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Position Increased by Golden State Wealth Management LLC

Golden State Wealth Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 176.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,023 shares of the company’s stock after acquiring an additional 653 shares during the period. Golden State Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $85,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Accredited Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $25,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth $26,000. Millstone Evans Group LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $32,000. Carolinas Wealth Consulting LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 162.2% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock worth $34,000 after acquiring an additional 253 shares in the last quarter. Finally, CENTRAL TRUST Co raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 575.4% during the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock worth $36,000 after acquiring an additional 374 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 0.1%

Shares of NASDAQ:SHY opened at $82.41 on Monday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.58 and a 1 year high of $83.30. The business has a fifty day simple moving average of $82.51 and a 200 day simple moving average of $82.37. The firm has a market cap of $23.72 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, July 7th. Shareholders of record on Tuesday, July 1st will be issued a dividend of $0.2641 per share. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $3.17 annualized dividend and a yield of 3.85%.

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.