Mmbg Investment Advisors CO. Grows Position in iShares 1-3 Year Treasury Bond ETF $SHY

Mmbg Investment Advisors CO. raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 35.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 43,184 shares of the company’s stock after purchasing an additional 11,380 shares during the quarter. Mmbg Investment Advisors CO.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,576,000 at the end of the most recent reporting period.

Several other institutional investors have also 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 3rd quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock valued at $1,412,338,000 after buying an additional 6,281,496 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 387.2% during 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 buying an additional 4,206,546 shares in the last quarter. Mizuho Markets Cayman LP purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $121,919,000. Proficio Capital Partners LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1,164.2% during the 3rd quarter. Proficio Capital Partners LLC now owns 1,040,956 shares of the company’s stock valued at $86,358,000 after buying an additional 958,615 shares in the last quarter. Finally, Barclays PLC grew its holdings in 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 valued at $124,950,000 after buying an additional 762,773 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.12 on Tuesday. The stock has a market cap of $25.15 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The stock has a 50 day moving average price of $82.37 and a 200-day moving average price of $82.69. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.00 and a one year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a $0.2428 dividend. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

iShares 1-3 Year Treasury Bond ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Receive News & Ratings for iShares 1-3 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 1-3 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.