Per Stirling Capital Management LLC. Purchases Shares of 17,592 iShares 1-3 Year Treasury Bond ETF $SHY

Per Stirling Capital Management LLC. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 17,592 shares of the company’s stock, valued at approximately $1,459,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Laurel Wealth Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 8,100.4% in the second quarter. Laurel Wealth Advisors LLC now owns 2,519,904 shares of the company’s stock valued at $208,799,000 after purchasing an additional 2,489,175 shares in the last quarter. Mizuho Markets Americas LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 93.4% during the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock valued at $414,820,000 after purchasing an additional 2,414,144 shares during the last quarter. Barclays PLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 102.6% in the 3rd quarter. Barclays PLC now owns 1,506,142 shares of the company’s stock worth $124,950,000 after buying an additional 762,773 shares in the last quarter. Captrust Financial Advisors grew its stake in iShares 1-3 Year Treasury Bond ETF by 4.9% in the 2nd quarter. Captrust Financial Advisors now owns 10,742,829 shares of the company’s stock worth $890,151,000 after buying an additional 502,122 shares in the last quarter. Finally, Silicon Valley Capital Partners bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth $38,099,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.73 on Friday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.21 and a fifty-two week high of $83.20. The stock has a market cap of $24.18 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day moving average price is $82.88 and its 200-day moving average price is $82.89.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.223 dividend. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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.