iShares 1-3 Year Treasury Bond ETF $SHY Stake Increased by Invested Advisors

Invested Advisors increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 220.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,335 shares of the company’s stock after acquiring an additional 22,243 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up approximately 2.3% of Invested Advisors’ portfolio, making the stock its 10th biggest holding. Invested Advisors’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,655,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. grew its stake 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 worth $438,351,000 after purchasing an additional 4,206,546 shares during the period. Bank of America Corp DE grew its position in iShares 1-3 Year Treasury Bond ETF by 28.3% during the first quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock worth $1,292,182,000 after buying an additional 3,451,890 shares during the period. Pinebridge Investments Asia Ltd. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $270,573,000. The Manufacturers Life Insurance Company lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 534.2% during the 4th quarter. The Manufacturers Life Insurance Company now owns 2,240,712 shares of the company’s stock valued at $185,576,000 after acquiring an additional 1,887,420 shares during the period. Finally, Mizuho Markets Cayman LP purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $121,919,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $81.69 on Friday. The business has a 50 day moving average price of $81.92 and a 200 day moving average price of $82.23. The company has a market capitalization of $25.02 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.59 and a 1-year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a dividend of $0.244 per share. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date was Tuesday, September 1st.

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.