Shira Ridge Wealth Management Increases Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Shira Ridge Wealth Management grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 124,436 shares of the company’s stock after acquiring an additional 23,989 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 3.6% of Shira Ridge Wealth Management’s portfolio, making the stock its 11th biggest holding. Shira Ridge Wealth Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,217,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Bryn Mawr Trust Advisors LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after acquiring an additional 126 shares in the last quarter. Savant Capital LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock worth $737,000 after purchasing an additional 126 shares in the last quarter. Tower View Wealth Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 11.4% in the 1st quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock worth $106,000 after purchasing an additional 132 shares in the last quarter. Cahaba Wealth Management Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 0.5% during the 1st quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock valued at $2,072,000 after purchasing an additional 133 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 1.2% during the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 11,275 shares of the company’s stock valued at $934,000 after purchasing an additional 138 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $81.92 on Monday. The firm has a market cap of $25.09 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.75 and a fifty-two week high of $83.20. The firm has a 50-day simple moving average of $81.95 and a two-hundred day simple moving average of $82.36.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.2508 per share. The ex-dividend date was Monday, August 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.