Wealthcare Capital Management LLC Decreases Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Wealthcare Capital Management LLC lessened its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,087 shares of the company’s stock after selling 6,638 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for about 0.2% of Wealthcare Capital Management LLC’s investment portfolio, making the stock its 25th largest holding. Wealthcare Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,161,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SHY. Key Financial Inc increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after acquiring an additional 196 shares in the last quarter. Pflug Koory LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 287 shares during the period. Lodestone Wealth Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Holos Integrated Wealth LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Finally, Delos Wealth Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $29,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $82.36 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $82.21 and a 12-month high of $83.20. The company has a market cap of $24.70 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The stock has a fifty day moving average price of $82.74 and a 200 day moving average price of $82.84.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be given a $0.2469 dividend. The ex-dividend date of this dividend is Wednesday, April 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.22. This represents a c) annualized dividend and a dividend yield of 3.6%.

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.