Fisher Asset Management LLC Boosts Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Fisher Asset Management LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 153,331 shares of the company’s stock after buying an additional 16,954 shares during the period. Fisher Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $12,579,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Assetmark Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 601.3% in the 3rd quarter. Assetmark Inc. now owns 7,874,166 shares of the company’s stock worth $637,571,000 after acquiring an additional 6,751,373 shares during the period. Cornell University purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $35,212,000. International Assets Investment Management LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $119,012,000. Charles Schwab Investment Management Inc. lifted its position in 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 worth $447,882,000 after buying an additional 939,567 shares during the period. Finally, Cerity Partners LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 43.6% in the 4th quarter. Cerity Partners LLC now owns 2,450,100 shares of the company’s stock worth $201,006,000 after buying an additional 744,074 shares during the last quarter. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $81.30 on Monday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.60. The business has a 50-day moving average of $81.46 and a two-hundred day moving average of $81.58. The stock has a market capitalization of $24.54 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.04.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be issued a $0.2616 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.14 dividend on an annualized basis and a yield of 3.86%.

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.