Signet Private Wealth LLC Makes New Investment in iShares 1-3 Year Treasury Bond ETF $SHY

Signet Private Wealth LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,897 shares of the company’s stock, valued at approximately $1,313,000. iShares 1-3 Year Treasury Bond ETF comprises 1.3% of Signet Private Wealth LLC’s investment portfolio, making the stock its 14th biggest holding.

A number of other large investors also recently modified their holdings of SHY. Captrust Financial Advisors raised its position in iShares 1-3 Year Treasury Bond ETF by 58.5% in the 3rd quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after buying an additional 6,281,496 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 387.2% during the 4th 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 during the last quarter. Pinebridge Investments Asia Ltd. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $270,573,000. The Manufacturers Life Insurance Company grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 534.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 2,240,712 shares of the company’s stock worth $185,576,000 after acquiring an additional 1,887,420 shares in the last quarter. Finally, Mizuho Markets Cayman LP purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $121,919,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock traded down $0.03 on Tuesday, hitting $81.95. The stock had a trading volume of 621,896 shares, compared to its average volume of 4,400,389. The business has a 50 day moving average of $82.13 and a 200 day moving average of $82.52. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.83 and a 12-month high of $83.20. The stock has a market cap of $25.36 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be given a $0.2383 dividend. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Wednesday, July 1st.

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.