ICA Group Wealth Management LLC Takes $147,000 Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

ICA Group Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,789 shares of the company’s stock, valued at approximately $147,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fortitude Family Office LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $45,000. Cedar Mountain Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $55,000. Vestor Capital LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 28.8% in the 4th quarter. Vestor Capital LLC now owns 684 shares of the company’s stock worth $56,000 after purchasing an additional 153 shares during the last quarter. Financial Gravity Asset Management Inc. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 771.6% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock worth $57,000 after purchasing an additional 625 shares during the last quarter. Finally, Glassman Wealth Services bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $59,000. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock traded down $0.06 during midday trading on Monday, hitting $81.55. 143,481 shares of the company’s stock were exchanged, compared to its average volume of 4,116,421. The company has a market cap of $24.50 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock’s fifty day moving average price is $81.31 and its 200-day moving average price is $81.63. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.39.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were given a $0.2621 dividend. This represents a $3.15 dividend on an annualized basis and a dividend yield of 3.86%. The ex-dividend date was Monday, June 3rd.

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.