Bartlett & CO. Wealth Management LLC Raises Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Bartlett & CO. Wealth Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 340,050 shares of the company’s stock after acquiring an additional 36,830 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $27,877,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. SG Americas Securities LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 99.7% during the 4th quarter. SG Americas Securities LLC now owns 148,379 shares of the company’s stock valued at $12,164,000 after acquiring an additional 74,082 shares during the period. Magnus Financial Group LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 613.5% during the 4th quarter. Magnus Financial Group LLC now owns 36,679 shares of the company’s stock valued at $3,007,000 after purchasing an additional 31,538 shares during the period. LifeGuide Financial Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 14.8% during the 4th quarter. LifeGuide Financial Advisors LLC now owns 28,499 shares of the company’s stock valued at $2,336,000 after purchasing an additional 3,679 shares during the period. Investment Advisory Group LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 35.1% during the 4th quarter. Investment Advisory Group LLC now owns 32,424 shares of the company’s stock worth $2,658,000 after purchasing an additional 8,428 shares in the last quarter. Finally, Finley Financial LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $357,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

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

Shares of SHY opened at $82.09 on Thursday. The business’s 50-day moving average price is $82.01 and its 200-day moving average price is $82.34. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The stock has a market cap of $22.99 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.