Chicago Wealth Management Inc. Sells 141 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Chicago Wealth Management Inc. cut its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,046 shares of the company’s stock after selling 141 shares during the period. Chicago Wealth Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $252,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Accredited Wealth Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $25,000. Godsey & Gibb Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $26,000. Carolinas Wealth Consulting LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 162.2% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock valued at $34,000 after purchasing an additional 253 shares in the last quarter. WestEnd Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $35,000. Finally, CENTRAL TRUST Co grew its holdings in iShares 1-3 Year Treasury Bond ETF by 575.4% during the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock worth $36,000 after buying an additional 374 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

NASDAQ SHY opened at $82.67 on Friday. The business has a fifty day simple moving average of $82.58 and a 200 day simple moving average of $82.50. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.67 and a 12 month high of $83.30. The firm has a market capitalization of $23.38 billion, a P/E ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, August 6th. Investors of record on Friday, August 1st were given a dividend of $0.2698 per share. The ex-dividend date of this dividend was Friday, August 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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.