Andrew Hill Investment Advisors Inc. Acquires New Position in iShares 1-3 Year Treasury Bond ETF $SHY

Andrew Hill Investment Advisors Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 15,158 shares of the company’s stock, valued at approximately $1,256,000.

A number of other hedge funds have also modified their holdings of SHY. Deutsche Bank AG increased its position in iShares 1-3 Year Treasury Bond ETF by 253.8% in the 4th quarter. Deutsche Bank AG now owns 8,457 shares of the company’s stock worth $693,000 after purchasing an additional 6,067 shares during the last quarter. Glen Eagle Advisors LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 18.5% in the 4th quarter. Glen Eagle Advisors LLC now owns 10,811 shares of the company’s stock valued at $886,000 after buying an additional 1,687 shares in the last quarter. NCM Capital Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 2.6% in the fourth quarter. NCM Capital Management LLC now owns 8,962 shares of the company’s stock worth $735,000 after buying an additional 227 shares during the last quarter. Continuum Advisory LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 5.1% during the fourth quarter. Continuum Advisory LLC now owns 20,911 shares of the company’s stock valued at $1,714,000 after acquiring an additional 1,008 shares in the last quarter. Finally, First Heartland Consultants Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $3,184,000. 23.15% of the stock is owned by institutional investors and hedge funds.

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

SHY stock opened at $82.96 on Thursday. The company has a market capitalization of $23.46 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.67 and a 12 month high of $83.30. The firm has a 50 day moving average of $82.71 and a two-hundred day moving average of $82.59.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, September 2nd were given a dividend of $0.2584 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.