iShares 1-3 Year Treasury Bond ETF $SHY Stock Position Lifted by GM Advisory Group LLC

GM Advisory Group LLC increased its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 757,390 shares of the company’s stock after acquiring an additional 15,642 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises about 2.4% of GM Advisory Group LLC’s holdings, making the stock its 9th largest holding. GM Advisory Group LLC owned approximately 0.24% of iShares 1-3 Year Treasury Bond ETF worth $62,538,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. TruWealth Advisors LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 4.5% in the 4th quarter. TruWealth Advisors LLC now owns 2,828 shares of the company’s stock worth $234,000 after purchasing an additional 121 shares during the period. Bryn Mawr Trust Advisors LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after purchasing an additional 126 shares during the period. Savant Capital LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% during the fourth quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock valued at $737,000 after purchasing an additional 126 shares during the period. Tower View Wealth Management LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11.4% in the first quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock worth $106,000 after purchasing an additional 132 shares during the last quarter. Finally, Clientfirst Wealth Management LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% in the third quarter. Clientfirst Wealth Management LLC now owns 11,689 shares of the company’s stock worth $970,000 after purchasing an additional 133 shares during the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $81.94 on Friday. The firm’s fifty day moving average is $82.13 and its 200 day moving average is $82.52. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.83 and a 52 week high of $83.20. The company has a market cap of $25.31 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 declared a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be issued 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 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.