LightSquare Wealth Management LLC Acquires 11,161 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

LightSquare Wealth Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 27.0% during the third quarter, HoldingsChannel.com reports. The fund owned 52,521 shares of the company’s stock after purchasing an additional 11,161 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up 2.7% of LightSquare Wealth Management LLC’s holdings, making the stock its 8th largest position. LightSquare Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,265,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. TD Waterhouse Canada Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 0.7% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 19,766 shares of the company’s stock valued at $1,618,000 after purchasing an additional 141 shares during the last quarter. Centaurus Financial Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 6.8% during the 1st quarter. Centaurus Financial Inc. now owns 2,604 shares of the company’s stock worth $215,000 after purchasing an additional 165 shares during the period. L.K. Benson & Company P.C. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.2% during the 3rd quarter. L.K. Benson & Company P.C. now owns 14,164 shares of the company’s stock worth $1,150,000 after purchasing an additional 171 shares during the period. XY Planning Network Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 1.8% during the 3rd quarter. XY Planning Network Inc. now owns 10,040 shares of the company’s stock worth $815,000 after purchasing an additional 178 shares during the last quarter. Finally, IFC & Insurance Marketing Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 5.4% during the 2nd quarter. IFC & Insurance Marketing Inc. now owns 3,739 shares of the company’s stock worth $307,000 after purchasing an additional 190 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY traded down $0.04 during trading on Friday, reaching $81.63. The company’s stock had a trading volume of 7,281,400 shares, compared to its average volume of 4,269,880. The firm has a market cap of $27.53 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.95 and a twelve month high of $83.20. The business’s fifty day moving average price is $81.38 and its 200-day moving average price is $82.08.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a dividend of $0.2544 per share. This represents a $3.05 annualized dividend and a dividend yield of 3.7%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2410. The ex-dividend date was Monday, November 2nd.

About iShares 1-3 Year Treasury Bond ETF

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.