Cobblestone Capital Advisors LLC NY Takes Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Cobblestone Capital Advisors LLC NY purchased a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,950 shares of the company’s stock, valued at approximately $652,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pinnacle Associates Ltd. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.3% during the third quarter. Pinnacle Associates Ltd. now owns 4,712 shares of the company’s stock valued at $387,000 after acquiring an additional 401 shares in the last quarter. SteelPeak Wealth LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $299,000. Durante & Waters LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 0.4% during the 3rd quarter. Durante & Waters LLC now owns 81,289 shares of the company’s stock valued at $6,759,000 after purchasing an additional 343 shares in the last quarter. Stephens Inc. AR raised its position in iShares 1-3 Year Treasury Bond ETF by 0.6% during the 3rd quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock valued at $111,226,000 after purchasing an additional 8,531 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after buying an additional 167 shares during the period. Institutional investors own 23.15% of the company’s stock.

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

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.62 on Friday. The stock’s fifty day moving average price is $82.06 and its 200-day moving average price is $82.34. The firm has a market cap of $23.28 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2735 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 3rd.

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.