Wescott Financial Advisory Group LLC Purchases 1,831 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Wescott Financial Advisory Group LLC boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,331 shares of the company’s stock after purchasing an additional 1,831 shares during the period. Wescott Financial Advisory Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,439,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Guidance Capital Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock worth $280,000 after purchasing an additional 359 shares during the period. Gradient Investments LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1,316.2% in the 2nd quarter. Gradient Investments LLC now owns 963 shares of the company’s stock worth $79,000 after purchasing an additional 895 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 13.4% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock worth $4,490,000 after purchasing an additional 6,493 shares during the period. School Employees Retirement Board of Ohio purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $10,123,000. Finally, Burke & Herbert Bank & Trust Co. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $1,459,000. 23.62% of the stock is owned by hedge funds and other institutional investors.

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

SHY opened at $82.01 on Friday. The business has a fifty day moving average of $82.51 and a 200 day moving average of $82.17. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The stock has a market cap of $22.15 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.