Nwam LLC Takes $2 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Nwam LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 24,038 shares of the company’s stock, valued at approximately $1,999,000.

Several other large investors have also recently modified their holdings of the business. WestEnd Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $30,000. Financial Connections Group Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $31,000. Rational Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $67,000. Global Trust Asset Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $68,000. Finally, Creative Financial Designs Inc. ADV raised its stake in iShares 1-3 Year Treasury Bond ETF by 23.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after buying an additional 167 shares during the last quarter. Institutional investors own 23.62% of the company’s stock.

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

Shares of NASDAQ SHY opened at $82.01 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The firm has a fifty day simple moving average of $82.51 and a 200 day simple moving average of $82.16. 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 Increases Dividend

The business also recently declared 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 dividend on an annualized basis and a 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 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.