iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by Maridea Wealth Management LLC

Maridea Wealth Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 165.4% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,026 shares of the company’s stock after buying an additional 8,742 shares during the quarter. Maridea Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,158,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. MCF Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $25,000. Holos Integrated Wealth LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $29,000. Lodestone Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $29,000. Valley National Advisers Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $33,000. Finally, Accredited Wealth Management LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 50.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after purchasing an additional 150 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 Up 0.1%

Shares of SHY stock opened at $82.19 on Friday. The firm has a 50-day moving average price of $82.19 and a 200 day moving average price of $82.55. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.86 and a twelve month high of $83.20. The company has a market capitalization of $25.17 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.2429 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. The ex-dividend date was Monday, June 1st.

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.