iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Compass Ion Advisors LLC

Compass Ion Advisors LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,807 shares of the company’s stock after purchasing an additional 971 shares during the quarter. Compass Ion Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $886,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SHY. Proficio Capital Partners LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after buying an additional 8,173,293 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $389,029,000. Captrust Financial Advisors increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% in the third quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after acquiring an additional 3,563,486 shares during the period. Essential Planning LLC. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4,992.9% during the fourth quarter. Essential Planning LLC. now owns 2,454,066 shares of the company’s stock worth $201,794,000 after purchasing an additional 2,405,880 shares during the last quarter. Finally, Assetmark Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 94.0% during the fourth quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock valued at $334,149,000 after purchasing an additional 1,975,432 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.39 on Wednesday. The business’s 50-day moving average is $82.19 and its two-hundred day moving average is $82.32. The company has a market capitalization of $23.22 billion, a P/E ratio of 3,745.00 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

About iShares 1-3 Year Treasury Bond ETF

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.