Surience Private Wealth LLC Buys Shares of 14,522 iShares 1-3 Year Treasury Bond ETF $SHY

Surience Private Wealth LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,522 shares of the company’s stock, valued at approximately $1,199,000. iShares 1-3 Year Treasury Bond ETF accounts for about 1.3% of Surience Private Wealth LLC’s investment portfolio, making the stock its 26th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in SHY. Captrust Financial Advisors grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% in the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after purchasing an additional 6,281,496 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 387.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after buying an additional 4,206,546 shares in the last quarter. Pinebridge Investments Asia Ltd. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $270,573,000. The Manufacturers Life Insurance Company grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 534.2% in the fourth quarter. The Manufacturers Life Insurance Company now owns 2,240,712 shares of the company’s stock worth $185,576,000 after acquiring an additional 1,887,420 shares in the last quarter. Finally, Mizuho Markets Cayman LP acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $121,919,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

iShares 1-3 Year Treasury Bond ETF stock opened at $82.07 on Thursday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.86 and a twelve month high of $83.20. The stock’s fifty day simple moving average is $82.20 and its 200-day simple moving average is $82.56. The firm has a market capitalization of $25.13 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 business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.2429 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

iShares 1-3 Year Treasury Bond ETF Company 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.