Proficio Capital Partners LLC Increases Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Proficio Capital Partners LLC lifted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11,520.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,244,236 shares of the company’s stock after purchasing an additional 8,173,293 shares during the quarter. Proficio Capital Partners LLC owned about 2.92% of iShares 1-3 Year Treasury Bond ETF worth $675,862,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Eagle Asset Management Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,938 shares during the last quarter. Pinnacle Financial Partners Inc grew its holdings in iShares 1-3 Year Treasury Bond ETF by 12.1% during the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock worth $17,316,000 after acquiring an additional 22,721 shares during the period. Zhang Financial LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 17.1% during the fourth quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after acquiring an additional 1,859 shares during the period. Purus Wealth Management LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 8.6% during the fourth quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock worth $546,000 after acquiring an additional 530 shares during the period. Finally, Zacks Investment Management grew its holdings in iShares 1-3 Year Treasury Bond ETF by 2.8% during the third quarter. Zacks Investment Management now owns 359,137 shares of the company’s stock worth $29,862,000 after acquiring an additional 9,784 shares during the period. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

iShares 1-3 Year Treasury Bond ETF stock opened at $82.44 on Thursday. The firm has a market cap of $23.23 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The business’s 50-day moving average price is $82.03 and its 200 day moving average price is $82.34.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.