Harbor Investment Advisory LLC Has $4.29 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Harbor Investment Advisory LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 14.8% during the fourth quarter, Holdings Channel reports. The fund owned 51,779 shares of the company’s stock after acquiring an additional 6,693 shares during the quarter. Harbor Investment Advisory LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,288,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHY. Captrust Financial Advisors grew its holdings in iShares 1-3 Year Treasury Bond ETF by 58.5% during the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after purchasing an additional 6,281,496 shares during the last quarter. Laurel Wealth Advisors LLC raised its position in shares of 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 during the period. Mizuho Markets Americas LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 93.4% in the third quarter. Mizuho Markets Americas LLC now owns 5,000,247 shares of the company’s stock worth $414,820,000 after buying an additional 2,414,144 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1,164.2% in the third quarter. Proficio Capital Partners LLC now owns 1,040,956 shares of the company’s stock worth $86,358,000 after buying an additional 958,615 shares during the last quarter. Finally, Barclays PLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 102.6% during 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 during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.2%

NASDAQ:SHY opened at $82.31 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $82.21 and a 1 year high of $83.20. The firm’s fifty day simple moving average is $82.83 and its 200 day simple moving average is $82.87. The firm has a market capitalization of $24.06 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.223 per share. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date 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.