Moulton Wealth Management Inc. Buys 2,593 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Moulton Wealth Management Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 13,554 shares of the company’s stock after buying an additional 2,593 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 0.9% of Moulton Wealth Management Inc.’s investment portfolio, making the stock its 26th biggest position. Moulton Wealth Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,111,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. AE Wealth Management LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 7.9% during the second quarter. AE Wealth Management LLC now owns 47,806 shares of the company’s stock worth $3,903,000 after purchasing an additional 3,509 shares during the last quarter. Cerity Partners OCIO LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $129,075,000. Mount Yale Investment Advisors LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 28.0% during the 2nd quarter. Mount Yale Investment Advisors LLC now owns 7,333 shares of the company’s stock worth $599,000 after acquiring an additional 1,606 shares during the last quarter. Fidelis Capital Partners LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $1,604,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 66.2% during the second quarter. EverSource Wealth Advisors LLC now owns 4,509 shares of the company’s stock valued at $371,000 after acquiring an additional 1,796 shares during the last quarter. 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 $82.08 on Monday. The firm has a market cap of $22.74 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 firm’s fifty day moving average is $82.01 and its 200-day moving average is $82.33.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.2804 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%.

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.