iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stake Boosted by LPL Financial LLC

LPL Financial LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 21.8% in the 3rd quarter, Holdings Channel reports. The firm owned 6,658,791 shares of the company’s stock after acquiring an additional 1,193,337 shares during the quarter. LPL Financial LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $553,678,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. WestEnd Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $30,000. Financial Connections Group Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $31,000. Global Trust Asset Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter valued at about $68,000. Rational Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $67,000. Finally, Creative Financial Designs Inc. ADV raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after acquiring an additional 167 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0 %

Shares of SHY stock opened at $82.04 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The firm has a market cap of $22.16 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a 50 day moving average of $82.56 and a 200-day moving average of $82.16.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.2831 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 annualized dividend and a dividend yield of 4.14%. The ex-dividend date was Friday, November 1st.

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.