Mmbg Investment Advisors CO. Has $2.15 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Mmbg Investment Advisors CO. grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,254 shares of the company’s stock after acquiring an additional 4,370 shares during the period. Mmbg Investment Advisors CO.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,152,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hobbs Group Advisors LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Hobbs Group Advisors LLC now owns 9,916 shares of the company’s stock valued at $813,000 after buying an additional 136 shares during the period. Spreng Capital Management Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Spreng Capital Management Inc. now owns 10,388 shares of the company’s stock worth $852,000 after buying an additional 140 shares during the last quarter. Blueprint Investment Partners LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 2.2% during the 4th quarter. Blueprint Investment Partners LLC now owns 6,666 shares of the company’s stock valued at $546,000 after purchasing an additional 142 shares during the period. Center For Asset Management LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 5.8% during the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock worth $216,000 after buying an additional 145 shares during the period. Finally, Redhawk Wealth Advisors Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.1% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after acquiring an additional 147 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 Price Performance

NASDAQ SHY opened at $82.49 on Monday. The stock’s 50 day simple moving average is $82.60 and its 200-day simple moving average is $82.27. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.21 and a 1-year high of $83.30. The company has a market cap of $24.23 billion, a PE ratio of 3,762.27 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were issued a $0.2592 dividend. This represents a $3.11 dividend on an annualized basis and a yield of 3.77%. The ex-dividend date was Thursday, May 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.