IHT Wealth Management LLC Acquires 24,045 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

IHT Wealth Management LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 85.7% during the third quarter, Holdings Channel reports. The firm owned 52,088 shares of the company’s stock after purchasing an additional 24,045 shares during the period. IHT Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,327,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Captrust Financial Advisors lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% in the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after buying an additional 3,563,486 shares during the last quarter. Cerity Partners OCIO LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $129,075,000. LPL Financial LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 21.8% during the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after acquiring an additional 1,193,337 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 179.8% in the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after purchasing an additional 546,239 shares during the last quarter. Finally, Mizuho Markets Americas LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $44,917,000. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

SHY opened at $82.06 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The firm has a market capitalization of $22.51 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The stock’s 50 day moving average price is $82.37 and its two-hundred day moving average price is $82.21.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.2653 per share. The ex-dividend date is Monday, December 2nd.

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.