iShares 1-3 Year Treasury Bond ETF $SHY Stock Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.5% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 513,367 shares of the company’s stock after purchasing an additional 44,497 shares during the quarter. Farther Finance Advisors LLC owned 0.16% of iShares 1-3 Year Treasury Bond ETF worth $41,685,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Atwood & Palmer Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth $62,267,000. Titleist Asset Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 74.3% during the 3rd quarter. Titleist Asset Management LLC now owns 21,017 shares of the company’s stock valued at $1,707,000 after acquiring an additional 8,959 shares in the last quarter. Apella Capital LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 327.6% during the 3rd quarter. Apella Capital LLC now owns 152,694 shares of the company’s stock valued at $12,393,000 after acquiring an additional 116,984 shares in the last quarter. Avidian Wealth Enterprises LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $569,000. Finally, Tactive Advisors LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 94.6% during the 3rd quarter. Tactive Advisors LLC now owns 38,348 shares of the company’s stock worth $3,114,000 after purchasing an additional 18,645 shares during the period. 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 traded up $0.04 during trading hours on Thursday, hitting $81.20. The company had a trading volume of 4,077,702 shares, compared to its average volume of 4,284,828. The firm’s 50 day moving average is $81.62 and its 200 day moving average is $81.97. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.95 and a fifty-two week high of $83.20. The company has a market capitalization of $26.36 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.2410 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. This represents a $2.89 annualized dividend and a dividend yield of 3.6%.

About iShares 1-3 Year Treasury Bond ETF

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.