Cetera Investment Advisers Buys 80,051 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Cetera Investment Advisers lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 17.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 540,428 shares of the company’s stock after purchasing an additional 80,051 shares during the period. Cetera Investment Advisers owned 0.18% of iShares 1-3 Year Treasury Bond ETF worth $44,196,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. UBS Group AG grew its position in iShares 1-3 Year Treasury Bond ETF by 2.9% in the 4th quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock worth $508,838,000 after purchasing an additional 177,582 shares in the last quarter. Captrust Financial Advisors raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% during the 1st quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after buying an additional 379,718 shares in the last quarter. Cornell University purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $35,212,000. Pinebridge Investments L.P. raised its position in iShares 1-3 Year Treasury Bond ETF by 7.3% in the 4th quarter. Pinebridge Investments L.P. now owns 4,093,000 shares of the company’s stock worth $335,790,000 after purchasing an additional 280,000 shares during the period. Finally, Cerity Partners LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 43.6% in the 4th quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock worth $201,006,000 after purchasing an additional 744,074 shares during the period. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.6 %

Shares of SHY stock traded up $0.46 during mid-day trading on Friday, reaching $82.67. The stock had a trading volume of 5,001,423 shares, compared to its average volume of 3,916,141. The stock’s 50-day moving average price is $81.69 and its two-hundred day moving average price is $81.62. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.62 and a 52-week high of $82.69. The firm has a market capitalization of $24.52 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st will be paid a dividend of $0.2725 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date is Thursday, August 1st. This represents a $3.27 dividend on an annualized basis and a dividend yield of 3.95%.

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.