Pure Financial Advisors LLC Purchases 8,113 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Pure Financial Advisors LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 10.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 83,526 shares of the company’s stock after purchasing an additional 8,113 shares during the period. Pure Financial Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,847,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. School Employees Retirement Board of Ohio bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $10,123,000. Eagle Asset Management Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 17.0% during the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after buying an additional 1,938 shares during the last quarter. Alternative Investment Advisors LLC. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $350,000. Park Avenue Securities LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 30.4% during the third quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock worth $7,261,000 after buying an additional 20,384 shares during the last quarter. Finally, Bridge Advisory LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 19.2% during the third quarter. Bridge Advisory LLC now owns 10,998 shares of the company’s stock worth $914,000 after buying an additional 1,774 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.08 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The company has a 50-day simple moving average of $82.01 and a 200 day simple moving average of $82.33. The company has a market capitalization of $22.74 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a yield of 4.10%.

iShares 1-3 Year Treasury Bond ETF Company 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.