J.W. Cole Advisors Inc. Reduces Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

J.W. Cole Advisors Inc. lowered its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 33.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 19,416 shares of the company’s stock after selling 9,779 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,592,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Captrust Financial Advisors raised its position 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. LPL Financial LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 21.8% during the 3rd 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 during the period. Bank of Montreal Can lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% during the third quarter. Bank of Montreal Can now owns 5,135,345 shares of the company’s stock worth $427,620,000 after acquiring an additional 41,969 shares in the last quarter. Barclays PLC lifted its position 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 worth $229,417,000 after acquiring an additional 1,123,670 shares in the last quarter. Finally, Stephens Inc. AR boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the third quarter. Stephens Inc. AR now owns 1,337,659 shares of the company’s stock worth $111,226,000 after acquiring an additional 8,531 shares during the period. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.10 on Tuesday. The business’s fifty day moving average is $82.01 and its 200 day moving average is $82.36. The firm has a market cap of $23.14 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.