D.A. Davidson & CO. Purchases 20,580 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

D.A. Davidson & CO. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 15.6% during the 1st quarter, HoldingsChannel reports. The fund owned 152,471 shares of the company’s stock after purchasing an additional 20,580 shares during the period. D.A. Davidson & CO.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $12,590,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 387.2% in 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 in the last quarter. Pinebridge Investments Asia Ltd. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $270,573,000. The Manufacturers Life Insurance Company boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 534.2% during the fourth quarter. The Manufacturers Life Insurance Company now owns 2,240,712 shares of the company’s stock valued at $185,576,000 after purchasing an additional 1,887,420 shares in the last quarter. Mizuho Markets Cayman LP bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $121,919,000. Finally, Valpey Financial Services LLC grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 9,080.1% during the fourth quarter. Valpey Financial Services LLC now owns 1,114,004 shares of the company’s stock worth $92,262,000 after purchasing an additional 1,101,869 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.00 on Friday. The business has a 50 day moving average of $82.04 and a 200-day moving average of $82.46. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.79 and a 1 year high of $83.20. The company has a market capitalization of $25.67 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.2383 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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