Welch Group LLC Acquires 7,065 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Welch Group LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 45,614 shares of the company’s stock after acquiring an additional 7,065 shares during the period. Welch Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,778,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. NewEdge Advisors LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock valued at $10,916,000 after buying an additional 916 shares in the last quarter. Squarepoint Ops LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% in the second quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after buying an additional 7,731 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $70,000. NCM Capital Management LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% during the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after acquiring an additional 603 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 2.9% during the second quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after acquiring an additional 919 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

Shares of SHY stock opened at $82.48 on Friday. The company’s fifty day simple moving average is $82.67 and its two-hundred day simple moving average is $82.81. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.21 and a 52 week high of $83.20. The stock has a market cap of $25.61 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were given a $0.2469 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Wednesday, April 1st.

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.