Fiduciary Alliance LLC Buys 24,067 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Fiduciary Alliance LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 356.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 30,821 shares of the company’s stock after purchasing an additional 24,067 shares during the quarter. Fiduciary Alliance LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,563,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SHY. EP Wealth Advisors LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 8.1% in the fourth quarter. EP Wealth Advisors LLC now owns 1,939 shares of the company’s stock valued at $159,000 after buying an additional 145 shares during the period. Scarborough Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $64,000. Goldman Sachs Group Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 19.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,262,186 shares of the company’s stock worth $103,550,000 after purchasing an additional 207,499 shares during the period. Fisher Asset Management LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 9.3% in the fourth quarter. Fisher Asset Management LLC now owns 149,096 shares of the company’s stock worth $12,232,000 after purchasing an additional 12,719 shares during the period. Finally, ICA Group Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $147,000. Institutional investors own 23.62% of the company’s stock.

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

Shares of NASDAQ SHY traded down $0.08 during mid-day trading on Monday, reaching $82.46. 459,521 shares of the company were exchanged, compared to its average volume of 4,097,458. The company’s 50-day simple moving average is $82.81 and its 200-day simple moving average is $81.97. The stock has a market capitalization of $22.70 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.67 and a twelve month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares 1-3 Year Treasury Bond ETF

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.