28,375 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Acquired by Bright Futures Wealth Management LLC.

Bright Futures Wealth Management LLC. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 28,375 shares of the company’s stock, valued at approximately $2,354,000. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.8% of Bright Futures Wealth Management LLC.’s investment portfolio, making the stock its 13th largest holding.

A number of other institutional investors also recently modified their holdings of SHY. Hantz Financial Services Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $25,000. Key Financial Inc boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 158.1% during the third quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after acquiring an additional 196 shares during the period. Pflug Koory LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares during the last quarter. Delos Wealth Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth about $29,000. Finally, Howe & Rusling Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after purchasing an additional 361 shares during the period. Institutional investors own 23.15% of the company’s stock.

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

Shares of NASDAQ:SHY opened at $83.18 on Monday. The company has a market cap of $24.31 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The business has a 50 day moving average price of $82.88 and a 200 day moving average price of $82.89. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a $0.25 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.6%.

About iShares 1-3 Year Treasury Bond ETF

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.