iShares 1-3 Year Treasury Bond ETF $SHY Holdings Boosted by Spire Wealth Management

Spire Wealth Management raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 177.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 94,846 shares of the company’s stock after purchasing an additional 60,665 shares during the quarter. Spire Wealth Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,855,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Chesley Taft & Associates LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 1.9% during the fourth quarter. Chesley Taft & Associates LLC now owns 31,960 shares of the company’s stock valued at $2,647,000 after buying an additional 605 shares during the period. Eastern Bank boosted its position in iShares 1-3 Year Treasury Bond ETF by 118.6% during the 4th quarter. Eastern Bank now owns 1,360 shares of the company’s stock worth $113,000 after acquiring an additional 738 shares during the period. Aegis Wealth Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.8% during the 4th quarter. Aegis Wealth Management LLC now owns 9,666 shares of the company’s stock worth $801,000 after acquiring an additional 265 shares during the period. Bond & Devick Financial Network Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 25.8% during the 4th quarter. Bond & Devick Financial Network Inc. now owns 7,708 shares of the company’s stock valued at $638,000 after acquiring an additional 1,581 shares in the last quarter. Finally, EdgeRock Capital LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 63.4% during the 4th quarter. EdgeRock Capital LLC now owns 5,566 shares of the company’s stock valued at $461,000 after acquiring an additional 2,160 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $82.39 on Friday. The business’s 50-day moving average is $82.78 and its 200-day moving average is $82.85. The company has a market capitalization of $24.08 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.21 and a fifty-two week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.223 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.2%.

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.