Future Financial Wealth Managment LLC Takes Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Future Financial Wealth Managment LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,738 shares of the company’s stock, valued at approximately $145,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. LPL Financial LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.4% during the 2nd quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock valued at $446,254,000 after buying an additional 422,978 shares during the last quarter. Captrust Financial Advisors increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% during the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after purchasing an additional 379,718 shares in the last quarter. Raymond James & Associates increased its position in iShares 1-3 Year Treasury Bond ETF by 9.1% in the 2nd quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock valued at $246,738,000 after acquiring an additional 250,959 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 5.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,658,189 shares of the company’s stock worth $135,391,000 after buying an additional 83,881 shares during the period. Finally, Cerity Partners OCIO LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $129,075,000. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.48 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.67 and a twelve month high of $83.30. The firm has a market cap of $22.89 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The firm’s 50 day moving average price is $82.81 and its two-hundred day moving average price is $81.96.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.2883 dividend. The ex-dividend date was Tuesday, September 3rd.

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.