Lido Advisors LLC Purchases 59,007 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Lido Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 929,810 shares of the company’s stock after purchasing an additional 59,007 shares during the period. Lido Advisors LLC owned about 0.30% of iShares 1-3 Year Treasury Bond ETF worth $76,775,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in SHY. Northwestern Mutual Wealth Management Co. grew its position in iShares 1-3 Year Treasury Bond ETF by 387.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after purchasing an additional 4,206,546 shares in the last quarter. Pinebridge Investments Asia Ltd. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $270,573,000. The Manufacturers Life Insurance Company lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 534.2% during the 4th quarter. The Manufacturers Life Insurance Company now owns 2,240,712 shares of the company’s stock worth $185,576,000 after buying an additional 1,887,420 shares in the last quarter. Mizuho Markets Cayman LP purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $121,919,000. Finally, Valpey Financial Services LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9,080.1% in the 4th quarter. Valpey Financial Services LLC now owns 1,114,004 shares of the company’s stock worth $92,262,000 after buying an additional 1,101,869 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1%

SHY stock opened at $81.83 on Thursday. The firm has a market cap of $25.45 billion, a PE ratio of 3,747.73 and a beta of 0.05. The business has a 50 day moving average of $82.02 and a 200-day moving average of $82.44. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.79 and a 12-month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.2383 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Wednesday, July 1st.

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.