Mascoma Wealth Management LLC Has $1.97 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Mascoma Wealth Management LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,772 shares of the company’s stock after acquiring an additional 500 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 0.5% of Mascoma Wealth Management LLC’s holdings, making the stock its 28th largest position. Mascoma Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,970,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. OLD National Bancorp IN boosted its position in iShares 1-3 Year Treasury Bond ETF by 65.8% during the second quarter. OLD National Bancorp IN now owns 10,008 shares of the company’s stock worth $829,000 after purchasing an additional 3,973 shares during the period. Realta Investment Advisors raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 13.4% in the second quarter. Realta Investment Advisors now owns 18,862 shares of the company’s stock valued at $1,563,000 after purchasing an additional 2,222 shares during the period. NTV Asset Management LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.3% in the second quarter. NTV Asset Management LLC now owns 19,470 shares of the company’s stock valued at $1,613,000 after purchasing an additional 1,495 shares during the period. Ascent Group LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 223.3% in the second quarter. Ascent Group LLC now owns 237,014 shares of the company’s stock valued at $19,639,000 after purchasing an additional 163,701 shares during the period. Finally, HighMark Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $97,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

NASDAQ:SHY opened at $82.79 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.67 and a 12 month high of $83.12. The firm has a market cap of $23.97 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01. The company’s 50 day moving average is $82.80 and its 200-day moving average is $82.63.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be given a $0.2563 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.