Legacy Wealth Asset Management LLC Increases Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Legacy Wealth Asset Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 17,861 shares of the company’s stock after acquiring an additional 394 shares during the period. Legacy Wealth Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,461,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SHY. UBS Group AG raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 2.9% in the fourth quarter. UBS Group AG now owns 6,202,313 shares of the company’s stock valued at $508,838,000 after buying an additional 177,582 shares during the last quarter. Cornell University acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $35,212,000. Pinebridge Investments L.P. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 7.3% in the 4th quarter. Pinebridge Investments L.P. now owns 4,093,000 shares of the company’s stock valued at $335,790,000 after purchasing an additional 280,000 shares during the last quarter. Raymond James & Associates boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.5% in the fourth quarter. Raymond James & Associates now owns 2,792,956 shares of the company’s stock valued at $229,134,000 after acquiring an additional 67,091 shares during the last quarter. Finally, Cerity Partners LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 43.6% during the fourth quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock valued at $201,006,000 after acquiring an additional 744,074 shares during the period. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

Shares of iShares 1-3 Year Treasury Bond ETF stock traded up $0.12 during trading hours on Thursday, reaching $81.50. The stock had a trading volume of 1,772,757 shares, compared to its average volume of 3,980,474. The firm has a market capitalization of $24.48 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.55 and a 1 year high of $82.39. The firm has a 50 day simple moving average of $81.40 and a two-hundred day simple moving average of $81.62.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be issued a $0.2704 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $3.24 annualized dividend and a yield of 3.98%.

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.