Cerro Pacific Wealth Advisors LLC Buys 6,161 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Cerro Pacific Wealth Advisors LLC increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 8.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 81,300 shares of the company’s stock after purchasing an additional 6,161 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.9% of Cerro Pacific Wealth Advisors LLC’s portfolio, making the stock its 18th biggest holding. Cerro Pacific Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,736,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after purchasing an additional 125 shares during the last quarter. WestEnd Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $35,000. CENTRAL TRUST Co increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 575.4% in the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock worth $36,000 after purchasing an additional 374 shares during the last quarter. Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth approximately $39,000. Finally, Flaharty Asset Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $40,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2%

SHY stock opened at $82.93 on Friday. The company’s 50 day moving average is $82.83 and its 200 day moving average is $82.64. The stock has a market cap of $23.97 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.67 and a 1-year high of $83.12.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a dividend of $0.2563 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Wednesday, October 1st.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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