Inman Jager Wealth Management LLC Grows Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Inman Jager Wealth Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,871 shares of the company’s stock after purchasing an additional 306 shares during the quarter. Inman Jager Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $403,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Accredited Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. Godsey & Gibb Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at approximately $26,000. Millstone Evans Group LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $32,000. Carolinas Wealth Consulting LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 162.2% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock valued at $34,000 after acquiring an additional 253 shares during the period. Finally, CENTRAL TRUST Co increased its holdings in iShares 1-3 Year Treasury Bond ETF by 575.4% in the 1st quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock worth $36,000 after acquiring an additional 374 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.73 on Thursday. The stock has a market capitalization of $24.30 billion, a PE 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 company has a fifty day moving average of $82.53 and a two-hundred day moving average of $82.33.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

iShares 1-3 Year Treasury Bond ETF 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.