iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC lifted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 24.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 448,935 shares of the company’s stock after purchasing an additional 87,436 shares during the quarter. Private Advisor Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $37,069,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SHY. Captrust Financial Advisors raised its stake 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 worth $1,412,338,000 after purchasing an additional 6,281,496 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 387.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after purchasing an additional 4,206,546 shares during the last quarter. Pinebridge Investments Asia Ltd. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $270,573,000. The Manufacturers Life Insurance Company grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 534.2% in the 4th quarter. The Manufacturers Life Insurance Company now owns 2,240,712 shares of the company’s stock valued at $185,576,000 after buying an additional 1,887,420 shares during the period. Finally, Mizuho Markets Cayman LP acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $121,919,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $81.94 on Friday. The firm has a market cap of $25.31 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm’s 50 day moving average price is $82.14 and its 200-day moving average price is $82.53. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.83 and a one year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be paid a dividend of $0.2383 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 3.5%.

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.