McKinley Carter Wealth Services Inc. Makes New Investment in iShares 1-3 Year Treasury Bond ETF $SHY

McKinley Carter Wealth Services Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 24,494 shares of the company’s stock, valued at approximately $2,029,000.

Several other institutional investors have also added to or reduced their stakes in SHY. Captrust Financial Advisors boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 58.5% in the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after acquiring an additional 6,281,496 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 387.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after acquiring an additional 4,206,546 shares in the last quarter. Mizuho Markets Americas LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 93.4% in the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after acquiring an additional 2,414,144 shares in the last quarter. Proficio Capital Partners LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 1,164.2% in the third quarter. Proficio Capital Partners LLC now owns 1,040,956 shares of the company’s stock worth $86,358,000 after acquiring an additional 958,615 shares in the last quarter. Finally, Barclays PLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 102.6% in the third quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock worth $124,950,000 after acquiring an additional 762,773 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $82.10 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.06 and a fifty-two week high of $83.20. The company has a market cap of $25.14 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business has a 50-day simple moving average of $82.43 and a two-hundred day simple moving average of $82.72.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were issued a dividend of $0.2428 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

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.