iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Purchased by Morris Financial Concepts Inc.

Morris Financial Concepts Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 5.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,610 shares of the company’s stock after purchasing an additional 3,993 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 3.0% of Morris Financial Concepts Inc.’s investment portfolio, making the stock its 8th biggest holding. Morris Financial Concepts Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,938,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Fulcrum Equity Management bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $472,000. Spreng Capital Management Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.3% during the fourth quarter. Spreng Capital Management Inc. now owns 29,109 shares of the company’s stock valued at $2,388,000 after acquiring an additional 1,461 shares during the period. Element Wealth LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 25.7% in the fourth quarter. Element Wealth LLC now owns 21,945 shares of the company’s stock worth $1,800,000 after purchasing an additional 4,488 shares in the last quarter. SWP Financial LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $338,000. Finally, Sarasin & Partners LLP acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $1,151,000. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY traded down $0.34 during trading on Monday, reaching $81.31. 3,624,861 shares of the company’s stock were exchanged, compared to its average volume of 4,009,850. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.55 and a fifty-two week high of $82.39. The firm has a market capitalization of $24.43 billion, a PE ratio of 3,695.45 and a beta of 0.01. The company’s fifty day moving average price is $81.40 and its 200-day moving average price is $81.63.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a $0.2621 dividend. This represents a $3.15 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend was Monday, June 3rd.

About iShares 1-3 Year Treasury Bond ETF

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.