iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Cooper Financial Group

Cooper Financial Group grew its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 16.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,434 shares of the company’s stock after buying an additional 2,276 shares during the period. Cooper Financial Group’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,347,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. SPC Financial Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 2.3% during the third quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock worth $522,000 after purchasing an additional 140 shares during the last quarter. Acorn Wealth Advisors LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the third quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after acquiring an additional 152 shares during the last quarter. Rehmann Capital Advisory Group increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after acquiring an additional 152 shares during the last quarter. D.A. Davidson & CO. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.6% in the third quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock valued at $818,000 after purchasing an additional 153 shares during the period. Finally, BOKF NA boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 3.3% in the second quarter. BOKF NA now owns 4,882 shares of the company’s stock valued at $399,000 after purchasing an additional 154 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY traded up $0.01 during midday trading on Monday, hitting $81.84. The company’s stock had a trading volume of 2,026,727 shares, compared to its average volume of 3,428,166. The business’s fifty day simple moving average is $82.02 and its two-hundred day simple moving average is $82.31. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The firm has a market capitalization of $22.74 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.2804 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a yield of 4.11%.

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.