iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Private Client Services LLC

Private Client Services LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1,930.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 57,126 shares of the company’s stock after acquiring an additional 54,313 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 1.5% of Private Client Services LLC’s portfolio, making the stock its 15th biggest holding. Private Client Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,731,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Key Financial Inc boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 158.1% in the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after acquiring an additional 196 shares during the period. Pflug Koory LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% during the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after purchasing an additional 287 shares during the period. Holos Integrated Wealth LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $29,000. Delos Wealth Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $29,000. Finally, Howe & Rusling Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after purchasing an additional 361 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.31 on Friday. The stock has a market cap of $24.06 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The business’s 50-day simple moving average is $82.83 and its 200 day simple moving average is $82.87. iShares 1-3 Year Treasury Bond ETF has a one year low of $82.21 and a one year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.223 per share. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend was Monday, March 2nd.

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.