Purus Wealth Management LLC Boosts Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Purus Wealth Management LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,660 shares of the company’s stock after purchasing an additional 530 shares during the quarter. Purus Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $546,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. UMB Bank n.a. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.1% during the fourth quarter. UMB Bank n.a. now owns 47,340 shares of the company’s stock worth $3,881,000 after acquiring an additional 6,929 shares in the last quarter. Diversify Advisory Services LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 36.5% during the 4th quarter. Diversify Advisory Services LLC now owns 5,218 shares of the company’s stock valued at $427,000 after purchasing an additional 1,396 shares during the last quarter. Diversify Wealth Management LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 35.8% during the fourth quarter. Diversify Wealth Management LLC now owns 11,536 shares of the company’s stock valued at $944,000 after buying an additional 3,043 shares during the last quarter. Evanson Asset Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 133.8% during the 4th quarter. Evanson Asset Management LLC now owns 9,503 shares of the company’s stock worth $779,000 after acquiring an additional 5,438 shares during the last quarter. Finally, Moulton Wealth Management Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 23.7% in the 4th quarter. Moulton Wealth Management Inc. now owns 13,554 shares of the company’s stock worth $1,111,000 after purchasing an additional 2,593 shares during the period. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.08 on Monday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The firm has a market cap of $22.74 billion, a PE ratio of 3,695.45 and a beta of 0.01. The business has a 50 day moving average price of $82.01 and a 200-day moving average price of $82.33.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2804 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 annualized dividend and a yield of 4.10%.

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.