Parallel Advisors LLC Has $3.95 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Parallel Advisors LLC grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,127 shares of the company’s stock after purchasing an additional 1,416 shares during the period. Parallel Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,945,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. GWN Securities Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $832,000. Patten & Patten Inc. TN increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 15.2% during the fourth quarter. Patten & Patten Inc. TN now owns 40,038 shares of the company’s stock worth $3,282,000 after acquiring an additional 5,279 shares in the last quarter. Family Firm Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 3.2% during the fourth quarter. Family Firm Inc. now owns 27,432 shares of the company’s stock worth $2,249,000 after acquiring an additional 863 shares in the last quarter. Clearstead Trust LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 18.5% during the fourth quarter. Clearstead Trust LLC now owns 5,106 shares of the company’s stock worth $419,000 after acquiring an additional 798 shares in the last quarter. Finally, Hughes Financial Services LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $17,193,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

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

iShares 1-3 Year Treasury Bond ETF stock opened at $82.39 on Tuesday. The company has a market cap of $23.22 billion, a P/E ratio of 3,755.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The company has a fifty day simple moving average of $82.18 and a 200 day simple moving average of $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.2531 dividend. The ex-dividend date was Monday, March 3rd.

iShares 1-3 Year Treasury Bond ETF 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.