Wealthspire Retirement LLC Acquires 23,070 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Wealthspire Retirement LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.2% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 211,813 shares of the company’s stock after purchasing an additional 23,070 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.0% of Wealthspire Retirement LLC’s portfolio, making the stock its 24th biggest holding. Wealthspire Retirement LLC owned about 0.07% of iShares 1-3 Year Treasury Bond ETF worth $17,489,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SHY. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after buying an additional 4,206,546 shares during the last quarter. Pinebridge Investments Asia Ltd. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $270,573,000. The Manufacturers Life Insurance Company lifted its stake in iShares 1-3 Year Treasury Bond ETF by 534.2% during the 4th quarter. The Manufacturers Life Insurance Company now owns 2,240,712 shares of the company’s stock valued at $185,576,000 after acquiring an additional 1,887,420 shares in the last quarter. Mizuho Markets Cayman LP bought a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $121,919,000. Finally, Valpey Financial Services LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 9,080.1% during the 4th quarter. Valpey Financial Services LLC now owns 1,114,004 shares of the company’s stock worth $92,262,000 after acquiring an additional 1,101,869 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $81.83 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.79 and a 1 year high of $83.20. The firm has a market cap of $25.45 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The company has a fifty day moving average price of $82.02 and a 200-day moving average price of $82.44.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.2383 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 3.5%.

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.