Crestone Asset Management LLC Acquires Shares of 5,762 iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Crestone Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,762 shares of the company’s stock, valued at approximately $473,000.

Several other institutional investors have also modified their holdings of SHY. Brown Advisory Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.8% in the third quarter. Brown Advisory Inc. now owns 41,124 shares of the company’s stock valued at $3,330,000 after buying an additional 3,320 shares during the last quarter. Verdence Capital Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth $398,000. Castleview Partners LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 62.4% during the 3rd quarter. Castleview Partners LLC now owns 7,921 shares of the company’s stock worth $641,000 after acquiring an additional 3,045 shares in the last quarter. DMC Group LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 15.6% in the third quarter. DMC Group LLC now owns 6,656 shares of the company’s stock valued at $539,000 after purchasing an additional 900 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 26.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 205,894 shares of the company’s stock valued at $16,671,000 after acquiring an additional 43,138 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock traded down $0.02 during trading on Wednesday, hitting $81.28. 2,308,829 shares of the stock were exchanged, compared to its average volume of 4,506,275. The stock has a market cap of $24.54 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.04. The firm’s 50-day moving average price is $81.45 and its 200 day moving average price is $81.59. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.43.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were issued a $0.2616 dividend. This represents a $3.14 dividend on an annualized basis and a yield of 3.86%. The ex-dividend date was Wednesday, May 1st.

iShares 1-3 Year Treasury Bond ETF Company 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.