iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Purchased by SeaBridge Investment Advisors LLC

SeaBridge Investment Advisors LLC raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1,074.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,916 shares of the company’s stock after purchasing an additional 26,454 shares during the quarter. SeaBridge Investment Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,371,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Captrust Financial Advisors increased its stake in iShares 1-3 Year Treasury Bond ETF by 72.7% during the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after buying an additional 3,563,486 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock valued at $553,678,000 after acquiring an additional 1,193,337 shares in the last quarter. Barclays PLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the third quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock valued at $229,417,000 after acquiring an additional 1,123,670 shares during the period. The Manufacturers Life Insurance Company raised its holdings in iShares 1-3 Year Treasury Bond ETF by 179.8% during the third quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock worth $70,676,000 after purchasing an additional 546,239 shares in the last quarter. Finally, Mizuho Markets Americas LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth approximately $44,917,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $82.29 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The stock has a fifty day moving average price of $82.04 and a two-hundred day moving average price of $82.36. The firm has a market cap of $23.17 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date was Wednesday, December 18th.

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.