Nwam LLC Purchases 9,781 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Nwam LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 34.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,102 shares of the company’s stock after acquiring an additional 9,781 shares during the period. Nwam LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,165,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after buying an additional 125 shares in the last quarter. Procyon Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 28.2% in the second quarter. Procyon Advisors LLC now owns 16,546 shares of the company’s stock worth $1,371,000 after acquiring an additional 3,639 shares during the last quarter. Sunpointe LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $276,000. Focus Financial Network Inc. grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.4% during the 2nd quarter. Focus Financial Network Inc. now owns 94,845 shares of the company’s stock valued at $7,859,000 after purchasing an additional 3,135 shares during the last quarter. Finally, Tompkins Financial Corp lifted its stake in iShares 1-3 Year Treasury Bond ETF by 8.5% in the 2nd quarter. Tompkins Financial Corp now owns 120,556 shares of the company’s stock valued at $9,989,000 after purchasing an additional 9,473 shares during the last quarter. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.81 on Friday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.87 and a fifty-two week high of $83.14. The stock has a market cap of $23.68 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day moving average price is $82.86 and its two-hundred day moving average price is $82.81.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.2548 dividend. This represents a c) dividend on an annualized basis and a 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.