Missouri Trust & Investment Co Takes Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Missouri Trust & Investment Co bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,230 shares of the company’s stock, valued at approximately $101,000.

Several other hedge funds have also recently added to or reduced their stakes in SHY. Mount Yale Investment Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 28.0% in the second quarter. Mount Yale Investment Advisors LLC now owns 7,333 shares of the company’s stock valued at $599,000 after buying an additional 1,606 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 66.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,509 shares of the company’s stock valued at $371,000 after acquiring an additional 1,796 shares in the last quarter. Strata Wealth Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 370.8% during the 2nd quarter. Strata Wealth Advisors LLC now owns 40,152 shares of the company’s stock valued at $3,278,000 after acquiring an additional 31,623 shares during the period. Insigneo Advisory Services LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $592,000. Finally, Wescott Financial Advisory Group LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 5.9% in the second quarter. Wescott Financial Advisory Group LLC now owns 27,500 shares of the company’s stock worth $2,245,000 after purchasing an additional 1,539 shares during the period. Institutional investors own 23.15% of the company’s stock.

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

Shares of NASDAQ SHY opened at $82.11 on Wednesday. The firm has a market capitalization of $22.99 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The firm’s 50-day moving average price is $82.01 and its 200-day moving average price is $82.34. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.