iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Values First Advisors Inc.

Values First Advisors Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 39.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 52,739 shares of the company’s stock after purchasing an additional 14,978 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up 2.4% of Values First Advisors Inc.’s holdings, making the stock its 4th largest position. Values First Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,385,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SHY. LPL Financial LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 8.4% during the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock valued at $446,254,000 after purchasing an additional 422,978 shares during the last quarter. Captrust Financial Advisors increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% during the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock valued at $386,969,000 after purchasing an additional 379,718 shares during the period. Raymond James & Associates raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 9.1% in the second quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock valued at $246,738,000 after purchasing an additional 250,959 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 5.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,658,189 shares of the company’s stock worth $135,391,000 after purchasing an additional 83,881 shares during the period. Finally, Cerity Partners OCIO LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $129,075,000. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.45 on Friday. The company has a market capitalization of $22.57 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 52 week low of $80.80 and a 52 week high of $83.30. The company has a 50-day moving average of $82.80 and a 200-day moving average of $82.03.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 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.