BTS Asset Management Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,799 shares of the company’s stock, valued at approximately $475,000. iShares 1-3 Year Treasury Bond ETF accounts for approximately 0.5% of BTS Asset Management Inc.’s investment portfolio, making the stock its 15th largest holding.
A number of other hedge funds and other institutional investors have also modified their holdings of SHY. Captrust Financial Advisors increased its position in shares of 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 valued at $703,935,000 after purchasing an additional 3,563,486 shares during the period. LPL Financial LLC grew its holdings in 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 acquiring an additional 1,193,337 shares during the period. Bank of Montreal Can lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.8% in the 3rd quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock valued at $427,620,000 after acquiring an additional 41,969 shares during the last quarter. Barclays PLC boosted its holdings 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 worth $229,417,000 after buying an additional 1,123,670 shares in the last quarter. Finally, Cerity Partners OCIO LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at about $129,075,000. 23.15% of the stock is currently owned by institutional investors.
iShares 1-3 Year Treasury Bond ETF Stock Down 0.0 %
SHY opened at $82.08 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.91 and a 12-month high of $83.30. The stock has a fifty day moving average of $82.01 and a 200-day moving average of $82.31. The firm has a market capitalization of $22.74 billion, a P/E ratio of 3,695.45 and a beta of 0.01.
iShares 1-3 Year Treasury Bond ETF Cuts Dividend
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.
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