iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 24.2% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 448,935 shares of the company’s stock after purchasing an additional 87,436 shares during the period. Private Advisor Group LLC owned 0.14% of iShares 1-3 Year Treasury Bond ETF worth $37,069,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Captrust Financial Advisors raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 58.5% in the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after buying an additional 6,281,496 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after buying an additional 4,206,546 shares in the last quarter. Pinebridge Investments Asia Ltd. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $270,573,000. The Manufacturers Life Insurance Company boosted its position in iShares 1-3 Year Treasury Bond ETF by 534.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 2,240,712 shares of the company’s stock worth $185,576,000 after acquiring an additional 1,887,420 shares during the last quarter. Finally, Mizuho Markets Cayman LP purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $121,919,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

SHY stock opened at $81.94 on Friday. The company has a market cap of $25.31 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.83 and a 12 month high of $83.20. The firm has a 50-day moving average of $82.14 and a two-hundred day moving average of $82.53.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be given a $0.2383 dividend. The ex-dividend date is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

iShares 1-3 Year Treasury Bond ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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