Alternative Investment Advisors LLC. Raises Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Alternative Investment Advisors LLC. grew its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 103.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,691 shares of the company’s stock after buying an additional 4,410 shares during the quarter. Alternative Investment Advisors LLC.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $723,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Captrust Financial Advisors increased its holdings in iShares 1-3 Year Treasury Bond ETF by 72.7% in the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after acquiring an additional 3,563,486 shares in the last quarter. LPL Financial LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% during the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after purchasing an additional 1,193,337 shares in the last quarter. Bank of Montreal Can raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% during the 3rd quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after purchasing an additional 41,969 shares during the last quarter. Raymond James & Associates lifted its stake in iShares 1-3 Year Treasury Bond ETF by 9.1% in the 2nd quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock valued at $246,738,000 after buying an additional 250,959 shares in the last quarter. Finally, Barclays PLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 68.7% in the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after buying an additional 1,123,670 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

NASDAQ:SHY traded down $0.01 during trading hours on Friday, hitting $82.12. 289,438 shares of the stock were exchanged, compared to its average volume of 3,992,044. The firm’s fifty day moving average price is $82.25 and its 200 day moving average price is $82.24. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The company has a market cap of $22.18 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were paid a $0.2653 dividend. The ex-dividend date was Monday, December 2nd.

About iShares 1-3 Year Treasury Bond ETF

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.