Shrier Wealth Management LLC Makes New $1.80 Million Investment in iShares 1-3 Year Treasury Bond ETF $SHY

Shrier Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 21,769 shares of the company’s stock, valued at approximately $1,803,000.

Several other institutional investors and hedge funds also recently made changes to their positions in SHY. TruWealth Advisors LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 4.5% during the 4th quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock worth $234,000 after purchasing an additional 121 shares during the last quarter. Aspire Growth Partners LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 1.0% during the 3rd quarter. Aspire Growth Partners LLC now owns 13,284 shares of the company’s stock worth $1,102,000 after buying an additional 127 shares during the period. Onyx Bridge Wealth Group LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 2.5% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock worth $437,000 after buying an additional 128 shares during the period. Belpointe Asset Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% during the third quarter. Belpointe Asset Management LLC now owns 17,415 shares of the company’s stock worth $1,445,000 after buying an additional 131 shares in the last quarter. Finally, ESL Trust Services LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.5% in the third quarter. ESL Trust Services LLC now owns 2,194 shares of the company’s stock valued at $182,000 after acquiring an additional 133 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.57 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.21 and a 52 week high of $83.20. The company has a market capitalization of $24.14 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company’s 50-day simple moving average is $82.77 and its 200 day simple moving average is $82.85.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a $0.223 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.2%.

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.