O Shaughnessy Asset Management LLC Buys 31,405 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

O Shaughnessy Asset Management LLC increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 11.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 305,370 shares of the company’s stock after purchasing an additional 31,405 shares during the quarter. O Shaughnessy Asset Management LLC owned approximately 0.10% of iShares 1-3 Year Treasury Bond ETF worth $25,291,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Captrust Financial Advisors increased its holdings in iShares 1-3 Year Treasury Bond ETF by 58.5% during the third quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after buying an additional 6,281,496 shares during the last quarter. Bank of America Corp DE boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.1% in the third quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock valued at $973,965,000 after acquiring an additional 133,178 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock valued at $878,695,000 after acquiring an additional 467,629 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after acquiring an additional 4,206,546 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock worth $388,325,000 after purchasing an additional 257,934 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $81.90 on Tuesday. The business has a 50-day moving average of $82.30 and a 200 day moving average of $82.64. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.86 and a fifty-two week high of $83.20. The firm has a market cap of $25.08 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.2429 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Monday, June 1st. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

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.