SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co Takes $741,000 Position in iShares 1-3 Year Treasury Bond ETF $SHY

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,967 shares of the company’s stock, valued at approximately $741,000. iShares 1-3 Year Treasury Bond ETF comprises about 0.5% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co’s investment portfolio, making the stock its 24th biggest position.

A number of other institutional investors also recently bought and sold shares of SHY. Harbor Investment Advisory LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 16.7% during the 3rd quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock valued at $3,740,000 after acquiring an additional 6,436 shares during the period. First Horizon Corp acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth $2,116,000. Childress Capital Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth $896,000. JARISLOWSKY FRASER Ltd lifted its position in iShares 1-3 Year Treasury Bond ETF by 66.9% during the third quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock valued at $3,445,000 after purchasing an additional 16,647 shares during the period. Finally, CX Institutional lifted its position in iShares 1-3 Year Treasury Bond ETF by 13.3% during the third quarter. CX Institutional now owns 399,452 shares of the company’s stock valued at $33,139,000 after purchasing an additional 46,965 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.86 on Monday. The business’s 50-day moving average is $82.83 and its two-hundred day moving average is $82.85. The company has a market capitalization of $24.22 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.87 and a fifty-two week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.25 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, February 2nd.

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.