1858 Wealth Management LLC Invests $3.48 Million in iShares 1-3 Year Treasury Bond ETF $SHY

1858 Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 41,884 shares of the company’s stock, valued at approximately $3,475,000. iShares 1-3 Year Treasury Bond ETF comprises approximately 2.4% of 1858 Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8,100.4% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,519,904 shares of the company’s stock valued at $208,799,000 after buying an additional 2,489,175 shares during the last quarter. Mizuho Markets Americas LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% in the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after buying an additional 2,414,144 shares during the last quarter. Barclays PLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 102.6% during the third quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock worth $124,950,000 after acquiring an additional 762,773 shares during the period. Tower Research Capital LLC TRC raised its position in iShares 1-3 Year Treasury Bond ETF by 23,228.3% during the third quarter. Tower Research Capital LLC TRC now owns 562,446 shares of the company’s stock valued at $46,661,000 after acquiring an additional 560,035 shares in the last quarter. Finally, Landscape Capital Management L.L.C. raised its position in iShares 1-3 Year Treasury Bond ETF by 1,773.1% during the third quarter. Landscape Capital Management L.L.C. now owns 582,988 shares of the company’s stock valued at $48,365,000 after acquiring an additional 551,864 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

iShares 1-3 Year Treasury Bond ETF stock opened at $82.55 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.21 and a 12 month high of $83.20. The stock’s 50 day simple moving average is $82.86 and its two-hundred day simple moving average is $82.89. The firm has a market cap of $24.13 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.223 dividend. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Monday, March 2nd.

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.