Great Lakes Retirement Inc. Buys Shares of 55,603 iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Great Lakes Retirement Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 55,603 shares of the company’s stock, valued at approximately $4,623,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in SHY. LPL Financial LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 8.4% in the 2nd quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock valued at $446,254,000 after purchasing an additional 422,978 shares in the last quarter. Captrust Financial Advisors raised its stake in iShares 1-3 Year Treasury Bond ETF by 8.7% in the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after buying an additional 379,718 shares in the last quarter. Raymond James & Associates lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 9.1% during the second quarter. Raymond James & Associates now owns 3,021,899 shares of the company’s stock worth $246,738,000 after buying an additional 250,959 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 5.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,658,189 shares of the company’s stock valued at $135,391,000 after acquiring an additional 83,881 shares in the last quarter. Finally, Cerity Partners OCIO LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $129,075,000. 23.62% of the stock is currently owned by institutional investors.

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

SHY opened at $82.41 on Thursday. The firm has a market cap of $22.64 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.80 and a 12 month high of $83.30. The stock has a fifty day moving average price of $82.80 and a 200-day moving average price of $82.03.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.2883 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares 1-3 Year Treasury Bond ETF Company 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.