Purus Wealth Management LLC Acquires 530 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Purus Wealth Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 6,660 shares of the company’s stock after acquiring an additional 530 shares during the period. Purus Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $546,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $37,000. Global Trust Asset Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at approximately $68,000. Creative Financial Designs Inc. ADV grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after acquiring an additional 167 shares during the period. Eagle Bay Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $76,000. Finally, Bristlecone Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $78,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

SHY opened at $82.08 on Monday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The company has a market cap of $22.74 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock has a fifty day simple moving average of $82.01 and a two-hundred day simple moving average of $82.33.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares 1-3 Year Treasury Bond ETF Company 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.