Kathleen S. Wright Associates Inc. Acquires 1,085 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Kathleen S. Wright Associates Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,576 shares of the company’s stock after purchasing an additional 1,085 shares during the quarter. Kathleen S. Wright Associates Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,113,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Millennium Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 24.8% during the second quarter. Millennium Management LLC now owns 63,463 shares of the company’s stock worth $5,182,000 after purchasing an additional 12,625 shares during the period. New Capital Management LP lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.9% during the 3rd quarter. New Capital Management LP now owns 36,127 shares of the company’s stock worth $3,004,000 after buying an additional 319 shares during the period. LifeGuide Financial Advisors LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.1% in the 3rd quarter. LifeGuide Financial Advisors LLC now owns 24,820 shares of the company’s stock valued at $2,064,000 after buying an additional 976 shares during the last quarter. Atwood & Palmer Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.9% during the third quarter. Atwood & Palmer Inc. now owns 506,319 shares of the company’s stock worth $42,100,000 after acquiring an additional 18,825 shares during the last quarter. Finally, Axiom Advisory LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% in the third quarter. Axiom Advisory LLC now owns 12,800 shares of the company’s stock worth $1,056,000 after acquiring an additional 200 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $81.96 on Tuesday. The company’s 50-day moving average is $82.04 and its 200-day moving average is $82.36. The stock has a market capitalization of $23.12 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.2735 per share. The ex-dividend date of this dividend is Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.