MTC Wealth Management LLC Has $9.47 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

MTC Wealth Management LLC lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,533 shares of the company’s stock after selling 1,270 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 4.6% of MTC Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. MTC Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,471,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of SHY. Asset Dedication LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 8.4% during the third quarter. Asset Dedication LLC now owns 2,162 shares of the company’s stock worth $180,000 after buying an additional 168 shares in the last quarter. SPC Financial Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 2.3% during the third quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock worth $522,000 after buying an additional 140 shares in the last quarter. Good Life Advisors LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 179.5% during the third quarter. Good Life Advisors LLC now owns 19,456 shares of the company’s stock worth $1,618,000 after buying an additional 12,495 shares in the last quarter. Sax Wealth Advisors LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 13.2% during the third quarter. Sax Wealth Advisors LLC now owns 5,974 shares of the company’s stock worth $497,000 after buying an additional 696 shares in the last quarter. Finally, Well Done LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 12.8% during the third quarter. Well Done LLC now owns 68,776 shares of the company’s stock worth $5,719,000 after buying an additional 7,812 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.10 on Friday. The stock has a fifty day simple moving average of $82.01 and a 200 day simple moving average of $82.36. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The company has a market capitalization of $23.14 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2735 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

iShares 1-3 Year Treasury Bond ETF 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.