Woodmont Investment Counsel LLC Raises Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Woodmont Investment Counsel LLC increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 45.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 115,315 shares of the company’s stock after purchasing an additional 35,937 shares during the period. Woodmont Investment Counsel LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,430,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SHY. Barrett & Company Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% during the 4th quarter. Barrett & Company Inc. now owns 9,375 shares of the company’s stock valued at $769,000 after buying an additional 125 shares in the last quarter. Advanced Asset Management Advisors Inc boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.5% in the 4th quarter. Advanced Asset Management Advisors Inc now owns 8,627 shares of the company’s stock valued at $708,000 after purchasing an additional 128 shares in the last quarter. Verdence Capital Advisors LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.7% in the 4th quarter. Verdence Capital Advisors LLC now owns 5,043 shares of the company’s stock valued at $414,000 after purchasing an additional 133 shares in the last quarter. EP Wealth Advisors LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.1% during the 4th quarter. EP Wealth Advisors LLC now owns 1,939 shares of the company’s stock valued at $159,000 after purchasing an additional 145 shares during the last quarter. Finally, Straight Path Wealth Management raised its position in iShares 1-3 Year Treasury Bond ETF by 4.8% in the 4th quarter. Straight Path Wealth Management now owns 3,295 shares of the company’s stock worth $270,000 after purchasing an additional 150 shares during the period. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY traded up $0.07 during trading on Tuesday, hitting $81.38. 1,674,553 shares of the company’s stock traded hands, compared to its average volume of 3,991,691. The stock has a fifty day moving average of $81.40 and a two-hundred day moving average of $81.63. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.39. The firm has a market cap of $24.45 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be paid a $0.2704 dividend. The ex-dividend date is Monday, July 1st. This represents a $3.24 dividend on an annualized basis and a yield of 3.99%.

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.