Arrow Investment Advisors LLC raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 216.4% during the second quarter, Holdings Channel.com reports. The fund owned 47,902 shares of the company’s stock after purchasing an additional 32,761 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for approximately 3.4% of Arrow Investment Advisors LLC’s investment portfolio, making the stock its 10th largest position. Arrow Investment Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,969,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of SHY. Godsey & Gibb Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock worth $33,000 after buying an additional 125 shares during the last quarter. Carolinas Wealth Consulting LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 162.2% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock valued at $34,000 after buying an additional 253 shares during the period. WestEnd Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at approximately $35,000. Finally, CENTRAL TRUST Co raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 575.4% during the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock valued at $36,000 after acquiring an additional 374 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.
iShares 1-3 Year Treasury Bond ETF Trading Up 0.0%
Shares of NASDAQ SHY opened at $82.96 on Friday. The firm has a fifty day simple moving average of $82.73 and a two-hundred day simple moving average of $82.60. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.67 and a 12 month high of $83.30. The firm has a market capitalization of $23.46 billion, a PE ratio of 3,747.73 and a beta of 0.01.
iShares 1-3 Year Treasury Bond ETF Announces Dividend
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.
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Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report).
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