Modera Wealth Management LLC Has $2.13 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Modera Wealth Management LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 41.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,958 shares of the company’s stock after buying an additional 7,546 shares during the period. Modera Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,128,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in SHY. Eagle Asset Management Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 17.0% during the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after buying an additional 1,938 shares in the last quarter. Pinnacle Financial Partners Inc boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 12.1% during the 4th quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock worth $17,316,000 after acquiring an additional 22,721 shares during the last quarter. Zhang Financial LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.1% in the 4th quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after acquiring an additional 1,859 shares in the last quarter. Purus Wealth Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.6% during the fourth quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock valued at $546,000 after purchasing an additional 530 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 9.8% during the fourth quarter. IFP Advisors Inc now owns 12,091 shares of the company’s stock worth $991,000 after purchasing an additional 1,083 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.42 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The company has a 50-day simple moving average of $82.08 and a two-hundred day simple moving average of $82.34. The company has a market capitalization of $23.02 billion, a price-to-earnings ratio of 3,755.45 and a beta of 0.03.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be given a dividend of $0.2531 per share. The ex-dividend date of this dividend is Monday, March 3rd.

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.