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

Moulton Wealth Management Inc. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 23.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 13,554 shares of the company’s stock after purchasing an additional 2,593 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 0.9% of Moulton Wealth Management Inc.’s holdings, making the stock its 26th largest position. Moulton Wealth Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,111,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Logan Capital Management Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $37,000. Global Trust Asset Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $68,000. Creative Financial Designs Inc. ADV raised its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after acquiring an additional 167 shares during the period. Eagle Bay Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $76,000. Finally, Bristlecone Advisors LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth approximately $78,000. Institutional investors own 23.15% of the company’s stock.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.08 on Monday. The company has a market capitalization of $22.74 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The stock’s 50 day moving average is $82.01 and its 200-day moving average is $82.33. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

iShares 1-3 Year Treasury Bond ETF 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.