iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 31.3% during the 4th quarter, HoldingsChannel reports. The fund owned 131,395 shares of the company’s stock after acquiring an additional 31,286 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $10,772,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. School Employees Retirement Board of Ohio purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $10,123,000. Eagle Asset Management Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 17.0% in the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,938 shares in the last quarter. Alternative Investment Advisors LLC. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter worth $350,000. Park Avenue Securities LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 30.4% in the third quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock worth $7,261,000 after purchasing an additional 20,384 shares in the last quarter. Finally, Bridge Advisory LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 19.2% in the third quarter. Bridge Advisory LLC now owns 10,998 shares of the company’s stock worth $914,000 after purchasing an additional 1,774 shares in the last quarter. 23.15% 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 NASDAQ:SHY opened at $82.14 on Monday. The stock has a market capitalization of $23.02 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 firm has a fifty day moving average price of $82.02 and a 200 day moving average price of $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.