Boltwood Capital Management Purchases 12,520 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Boltwood Capital Management raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 33.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 49,955 shares of the company’s stock after purchasing an additional 12,520 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for approximately 1.3% of Boltwood Capital Management’s holdings, making the stock its 19th biggest position. Boltwood Capital Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,085,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Modus Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.2% during the 1st quarter. Modus Advisors LLC now owns 66,725 shares of the company’s stock valued at $5,457,000 after acquiring an additional 1,440 shares during the period. Confluence Investment Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at approximately $25,626,000. Napatree Capital LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $255,000. PNC Financial Services Group Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,073,272 shares of the company’s stock valued at $88,051,000 after acquiring an additional 4,482 shares during the period. Finally, Family Wealth Partners LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $3,202,000. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY traded up $0.11 during mid-day trading on Wednesday, reaching $81.64. 2,182,825 shares of the company traded hands, compared to its average volume of 4,109,516. The company’s 50 day moving average price is $81.32 and its 200-day moving average price is $81.63. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.55 and a 52 week high of $82.39. The firm has a market cap of $24.52 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were issued a $0.2621 dividend. The ex-dividend date was Monday, June 3rd. This represents a $3.15 dividend on an annualized basis and a yield of 3.85%.

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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