Buska Wealth Management LLC Buys New Shares in iShares 1-3 Year Treasury Bond ETF $SHY

Buska Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,909 shares of the company’s stock, valued at approximately $1,060,000. iShares 1-3 Year Treasury Bond ETF comprises about 0.4% of Buska Wealth Management LLC’s investment portfolio, making the stock its 29th largest holding.

A number of other hedge funds have also recently bought and sold shares of SHY. Heck Capital Advisors LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 19.9% during the second quarter. Heck Capital Advisors LLC now owns 114,688 shares of the company’s stock worth $9,417,000 after buying an additional 19,046 shares during the last quarter. JFS Wealth Advisors LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the 2nd quarter. JFS Wealth Advisors LLC now owns 108,034 shares of the company’s stock valued at $8,871,000 after acquiring an additional 1,452 shares during the period. Fiduciary Financial Group LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $291,000. Diversified Management Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth about $593,000. Finally, Camelot Technology Advisors Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.3% in the 2nd quarter. Camelot Technology Advisors Inc. now owns 21,394 shares of the company’s stock valued at $1,757,000 after purchasing an additional 1,275 shares during the period. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHY opened at $81.87 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.75 and a 52-week high of $83.20. The company has a market capitalization of $25.08 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The company has a 50-day simple moving average of $81.95 and a 200 day simple moving average of $82.34.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were given a $0.2508 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.