Occidental Asset Management LLC Acquires Shares of 8,131 iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Occidental Asset Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 8,131 shares of the company’s stock, valued at approximately $659,000.

Several other hedge funds and other institutional investors have also modified their holdings of SHY. WestEnd Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at about $26,000. Coppell Advisory Solutions Corp. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $30,000. American National Bank raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 53.4% in the first quarter. American National Bank now owns 428 shares of the company’s stock valued at $35,000 after buying an additional 149 shares in the last quarter. Global Wealth Management Investment Advisory Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $35,000. Finally, Trivant Custom Portfolio Group LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $40,000. Institutional investors own 18.38% of the company’s stock.

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

Shares of NASDAQ SHY opened at $80.89 on Tuesday. The business has a fifty day moving average price of $81.02 and a two-hundred day moving average price of $81.51. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.48 and a fifty-two week high of $82.74.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Shareholders of record on Tuesday, September 5th were given a dividend of $0.2058 per share. The ex-dividend date was Friday, September 1st. This represents a $2.47 annualized dividend and a yield of 3.05%.

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.