Verdence Capital Advisors LLC Buys 133 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Verdence Capital Advisors LLC raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 5,043 shares of the company’s stock after purchasing an additional 133 shares during the quarter. Verdence Capital Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $414,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 601.3% during the 3rd quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock valued at $637,571,000 after buying an additional 6,751,373 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $119,012,000. Charles Schwab Investment Management Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 20.5% during the third quarter. Charles Schwab Investment Management Inc. now owns 5,531,456 shares of the company’s stock valued at $447,882,000 after acquiring an additional 939,567 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 43.6% during the fourth quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock worth $201,006,000 after purchasing an additional 744,074 shares during the period. Finally, Syon Capital LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $52,126,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $81.21 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.55 and a 1 year high of $82.60. The stock’s 50-day moving average is $81.54 and its 200 day moving average is $81.56. The company has a market cap of $24.59 billion, a PE ratio of 3,690.68 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2705 per share. The ex-dividend date was Monday, April 1st. This represents a $3.25 dividend on an annualized basis and a dividend yield of 4.00%.

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.