iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by TFC Financial Management Inc.

TFC Financial Management Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 897,682 shares of the company’s stock after purchasing an additional 15,072 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 9.5% of TFC Financial Management Inc.’s portfolio, making the stock its 3rd largest position. TFC Financial Management Inc. owned 0.31% of iShares 1-3 Year Treasury Bond ETF worth $74,472,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SHY. Live Oak Private Wealth LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1.9% during the 2nd quarter. Live Oak Private Wealth LLC now owns 6,613 shares of the company’s stock worth $548,000 after acquiring an additional 123 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% during 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 in the last quarter. Stolper Co grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% during the second quarter. Stolper Co now owns 8,250 shares of the company’s stock valued at $684,000 after purchasing an additional 132 shares during the last quarter. TruWealth Advisors LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 5.2% in the third quarter. TruWealth Advisors LLC now owns 2,707 shares of the company’s stock valued at $225,000 after purchasing an additional 134 shares in the last quarter. Finally, Northwest Wealth Management LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.8% in the third quarter. Northwest Wealth Management LLC now owns 7,566 shares of the company’s stock valued at $628,000 after purchasing an additional 135 shares in the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.83 on Friday. The stock’s fifty day moving average price is $82.85 and its two-hundred day moving average price is $82.81. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.81 and a 52-week high of $83.14. The company has a market cap of $23.59 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.2548 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Friday, December 19th.

iShares 1-3 Year Treasury Bond ETF 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.