Legacy Capital Wealth Partners LLC Makes New $508,000 Investment in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Legacy Capital Wealth Partners LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,227 shares of the company’s stock, valued at approximately $508,000.

A number of other institutional investors have also made changes to their positions in SHY. The Manufacturers Life Insurance Company lifted its position in iShares 1-3 Year Treasury Bond ETF by 3,931.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,896,152 shares of the company’s stock worth $155,560,000 after buying an additional 1,849,118 shares in the last quarter. Members Trust Co boosted its position in iShares 1-3 Year Treasury Bond ETF by 96.2% during the first quarter. Members Trust Co now owns 1,493,298 shares of the company’s stock valued at $122,122,000 after purchasing an additional 732,321 shares during the last quarter. Pathstone Holdings LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $59,218,000. Simplicity Wealth LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $58,276,000. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 7,346.0% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 668,426 shares of the company’s stock worth $54,664,000 after purchasing an additional 659,449 shares in the last quarter. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.2 %

NASDAQ SHY opened at $82.60 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.62 and a 12 month high of $82.91. The stock has a 50 day moving average of $82.21 and a 200-day moving average of $81.72. The company has a market cap of $24.50 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd will be paid a $0.2883 dividend. The ex-dividend date is Tuesday, September 3rd.

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.