iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by Towercrest Capital Management

Towercrest Capital Management increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,212 shares of the company’s stock after buying an additional 733 shares during the period. Towercrest Capital Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,657,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% during the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after buying an additional 8,173,293 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $389,029,000. Captrust Financial Advisors increased its holdings 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 valued at $703,935,000 after purchasing an additional 3,563,486 shares during the period. Essential Planning LLC. grew its holdings in 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 acquiring an additional 2,405,880 shares during the period. Finally, Assetmark Inc. grew its holdings 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 worth $334,149,000 after acquiring an additional 1,975,432 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.58 on Monday. The firm has a market capitalization of $23.27 billion, a price-to-earnings 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. The stock’s fifty day moving average is $82.23 and its two-hundred day moving average is $82.31.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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