Mascoma Wealth Management LLC Invests $1.94 Million in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Mascoma Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 23,272 shares of the company’s stock, valued at approximately $1,935,000. iShares 1-3 Year Treasury Bond ETF comprises approximately 0.5% of Mascoma Wealth Management LLC’s investment portfolio, making the stock its 26th largest position.

A number of other large investors also recently made changes to their positions in SHY. Cerity Partners OCIO LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $129,075,000. SG Americas Securities LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 1,533.3% in the second quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock worth $42,633,000 after purchasing an additional 490,171 shares during the last quarter. LPL Financial LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 8.4% in the 2nd quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock valued at $446,254,000 after purchasing an additional 422,978 shares during the period. Captrust Financial Advisors increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% during the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after purchasing an additional 379,718 shares during the last quarter. Finally, Renaissance Technologies LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 75.5% during the second quarter. Renaissance Technologies LLC now owns 847,878 shares of the company’s stock valued at $69,229,000 after buying an additional 364,878 shares during the period. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.01 on Tuesday. The company has a market capitalization of $22.15 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The company has a 50-day simple moving average of $82.68 and a 200 day simple moving average of $82.13.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.2831 dividend. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

iShares 1-3 Year Treasury Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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