Stephens Group Asset Management LLC Acquires 6,093 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Stephens Group Asset Management LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 173.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,600 shares of the company’s stock after acquiring an additional 6,093 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 0.1% of Stephens Group Asset Management LLC’s holdings, making the stock its 25th largest holding. Stephens Group Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $787,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Captrust Financial Advisors increased its holdings in iShares 1-3 Year Treasury Bond ETF by 72.7% during 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 during the period. Cerity Partners OCIO LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth $129,075,000. LPL Financial LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after buying an additional 1,193,337 shares in the last quarter. Barclays PLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 68.7% during the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after buying an additional 1,123,670 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its stake in iShares 1-3 Year Treasury Bond ETF by 179.8% during the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after buying an additional 546,239 shares during the period. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

Shares of NASDAQ SHY opened at $82.05 on Thursday. The stock’s 50-day simple moving average is $82.01 and its two-hundred day simple moving average is $82.32. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The firm has a market capitalization of $22.79 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 business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.2804 dividend. This represents a $3.36 annualized dividend and a dividend 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.