9,981 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Bought by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,981 shares of the company’s stock, valued at approximately $816,000.

Other hedge funds have also bought and sold shares of the company. Assetmark Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 601.3% in the third quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock valued at $637,571,000 after purchasing an additional 6,751,373 shares in the last quarter. Cornell University bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $35,212,000. The Manufacturers Life Insurance Company increased its stake in iShares 1-3 Year Treasury Bond ETF by 3,931.4% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,896,152 shares of the company’s stock valued at $155,560,000 after purchasing an additional 1,849,118 shares in the last quarter. International Assets Investment Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $119,012,000. Finally, Charles Schwab Investment Management Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 20.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock valued at $447,882,000 after purchasing an additional 939,567 shares in the last quarter. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY traded down $0.10 during midday trading on Tuesday, hitting $81.15. 6,306,276 shares of the company’s stock were exchanged, compared to its average volume of 4,533,878. The stock has a 50 day moving average price of $81.49 and a 200-day moving average price of $81.57. The company has a market cap of $24.60 billion, a PE ratio of 3,690.68 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.60.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.2705 per share. This represents a $3.25 annualized dividend and a dividend yield of 4.00%. The ex-dividend date of this dividend was Monday, April 1st.

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.