McKinley Carter Wealth Services Inc. Acquires 150,751 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

McKinley Carter Wealth Services Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 150,751 shares of the company’s stock, valued at approximately $12,241,000.

A number of other large investors have also recently bought and sold shares of SHY. TD Waterhouse Canada Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 3.1% during the third quarter. TD Waterhouse Canada Inc. now owns 20,379 shares of the company’s stock valued at $1,653,000 after buying an additional 613 shares in the last quarter. IFC & Insurance Marketing Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 20.6% in the third quarter. IFC & Insurance Marketing Inc. now owns 4,510 shares of the company’s stock worth $366,000 after buying an additional 771 shares during the last quarter. Peddock Capital Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $644,000. ARS Wealth Advisors Group LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 30.6% during the 3rd quarter. ARS Wealth Advisors Group LLC now owns 67,225 shares of the company’s stock worth $5,459,000 after acquiring an additional 15,748 shares in the last quarter. Finally, Banque Pictet & Cie SA bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $368,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY traded up $0.07 during mid-day trading on Friday, reaching $81.36. 3,277,864 shares of the company traded hands, compared to its average volume of 4,272,240. The stock has a market cap of $26.93 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company’s fifty day moving average is $81.52 and its two-hundred day moving average is $81.92. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.95 and a fifty-two week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.2410 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. This represents a $2.89 dividend on an annualized basis and a yield of 3.6%.

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.