Ameritas Advisory Services LLC Buys 19,574 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Ameritas Advisory Services LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 777.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,093 shares of the company’s stock after purchasing an additional 19,574 shares during the quarter. Ameritas Advisory Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,811,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SHY. Logan Capital Management Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $37,000. Global Trust Asset Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $68,000. Creative Financial Designs Inc. ADV increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after buying an additional 167 shares during the last quarter. Eagle Bay Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at about $76,000. Finally, Bristlecone Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $78,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.08 on Tuesday. The company has a market cap of $22.74 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The stock’s 50 day simple moving average is $82.01 and its two-hundred day simple moving average is $82.33.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a yield of 4.10%.

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.