Mattern Wealth Management LLC Has $521,000 Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Mattern Wealth Management LLC reduced its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 22.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 6,300 shares of the company’s stock after selling 1,816 shares during the period. Mattern Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $521,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of SHY. Accredited Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $25,000. Godsey & Gibb Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth $26,000. Van ECK Associates Corp increased its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% during the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after purchasing an additional 187 shares in the last quarter. Millstone Evans Group LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $32,000. Finally, Carolinas Wealth Consulting LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 162.2% in the fourth quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock valued at $34,000 after purchasing an additional 253 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.71 on Wednesday. The stock has a market capitalization of $24.29 billion, a P/E ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.29 and a fifty-two week high of $83.30. The business has a 50-day moving average of $82.53 and a 200-day moving average of $82.33.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a dividend of $0.2718 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.26 dividend on an annualized basis and a yield of 3.94%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26.

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.