Venturi Wealth Management LLC Acquires Shares of 11,801 iShares 1-3 Year Treasury Bond ETF $SHY

Venturi Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,801 shares of the company’s stock, valued at approximately $974,000.

Other hedge funds have also recently made changes to their positions in the company. NewEdge Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% in the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock valued at $10,916,000 after acquiring an additional 916 shares during the period. Squarepoint Ops LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 103.3% during the second quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after purchasing an additional 7,731 shares during the period. Darwin Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $70,000. NCM Capital Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 6.7% during the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after purchasing an additional 603 shares during the period. Finally, Ausdal Financial Partners Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% in the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock worth $2,712,000 after purchasing an additional 919 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%

NASDAQ SHY opened at $82.19 on Friday. The company’s 50 day moving average is $82.19 and its 200-day moving average is $82.55. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.86 and a 12-month high of $83.20. The firm has a market cap of $25.17 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.2429 dividend. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.