31,294 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Acquired by Independent Advisor Alliance

Independent Advisor Alliance acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 31,294 shares of the company’s stock, valued at approximately $2,565,000.

Other large investors have also recently modified their holdings of the company. Eagle Asset Management Inc. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,938 shares in the last quarter. Simplicity Wealth LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $719,000. Pinnacle Financial Partners Inc raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 12.1% during the 4th quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock worth $17,316,000 after acquiring an additional 22,721 shares in the last quarter. Zhang Financial LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.1% during the 4th quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after acquiring an additional 1,859 shares in the last quarter. Finally, Purus Wealth Management LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.6% during the 4th quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock worth $546,000 after acquiring an additional 530 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %

NASDAQ SHY opened at $82.42 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The firm has a market cap of $23.23 billion, a PE ratio of 3,755.45 and a beta of 0.01. The company has a 50 day moving average price of $82.15 and a 200 day moving average price of $82.33.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date was Monday, March 3rd.

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.