Stanley Laman Group Ltd. Purchases 891 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Stanley Laman Group Ltd. grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 26.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,252 shares of the company’s stock after acquiring an additional 891 shares during the quarter. Stanley Laman Group Ltd.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $349,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SHY. Golden State Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $30,000. Van ECK Associates Corp lifted its position in iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares during the last quarter. Logan Capital Management Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $37,000. AlphaMark Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $63,000. Finally, Wingate Wealth Advisors Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $64,000. 23.15% of the stock is currently owned by institutional investors.

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

Shares of SHY opened at $81.99 on Friday. The company has a market cap of $23.10 billion, a PE ratio of 3,695.45 and a beta of 0.01. The business has a fifty day moving average of $82.02 and a 200 day moving average of $82.36. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.2735 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.