iShares 1-3 Year Treasury Bond ETF $SHY Stock Holdings Boosted by Strategic Investment Advisors MI

Strategic Investment Advisors MI grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 82.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 321,540 shares of the company’s stock after purchasing an additional 144,894 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 1.8% of Strategic Investment Advisors MI’s holdings, making the stock its 10th biggest position. Strategic Investment Advisors MI owned 0.11% of iShares 1-3 Year Treasury Bond ETF worth $26,561,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of SHY. Bryn Mawr Trust Advisors LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 5,644 shares of the company’s stock valued at $467,000 after buying an additional 126 shares in the last quarter. Savant Capital LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 1.4% during the 4th quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock worth $737,000 after acquiring an additional 126 shares in the last quarter. Tower View Wealth Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 11.4% during the 1st quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock worth $106,000 after acquiring an additional 132 shares in the last quarter. Cahaba Wealth Management Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 0.5% in the first quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock valued at $2,072,000 after acquiring an additional 133 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 1.2% in the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 11,275 shares of the company’s stock valued at $934,000 after acquiring an additional 138 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $81.99 on Thursday. The company has a fifty day moving average of $82.00 and a two-hundred day moving average of $82.40. The company has a market capitalization of $25.45 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.76 and a 1 year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a $0.2383 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.