Stephens Inc. AR Has $65.45 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Stephens Inc. AR lowered its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 40.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 798,339 shares of the company’s stock after selling 539,320 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 0.9% of Stephens Inc. AR’s investment portfolio, making the stock its 16th largest holding. Stephens Inc. AR owned 0.28% of iShares 1-3 Year Treasury Bond ETF worth $65,448,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of SHY. SPC Financial Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% during the third quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock worth $522,000 after purchasing an additional 140 shares during the period. Center For Asset Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 5.8% during the 4th quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock worth $216,000 after acquiring an additional 145 shares during the period. Redhawk Wealth Advisors Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 2.1% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock worth $582,000 after acquiring an additional 147 shares during the period. Acorn Wealth Advisors LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock worth $1,728,000 after acquiring an additional 152 shares during the period. Finally, Rehmann Capital Advisory Group increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.6% during the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock worth $2,199,000 after acquiring an additional 152 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $81.97 on Friday. The stock’s fifty day moving average price is $82.02 and its two-hundred day moving average price is $82.36. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The firm has a market cap of $23.10 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.2735 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date was Monday, February 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.