Private Trust Co. NA Boosts Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Private Trust Co. NA increased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,792 shares of the company’s stock after purchasing an additional 586 shares during the period. Private Trust Co. NA’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $721,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in SHY. Pinnacle Associates Ltd. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 9.3% in the 3rd quarter. Pinnacle Associates Ltd. now owns 4,712 shares of the company’s stock valued at $387,000 after purchasing an additional 401 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares during the last quarter. Gladstone Institutional Advisory LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $338,000. Farther Finance Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 112.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 117,385 shares of the company’s stock valued at $9,761,000 after purchasing an additional 62,018 shares during the last quarter. Finally, White Pine Investment CO lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.2% in the 3rd quarter. White Pine Investment CO now owns 108,574 shares of the company’s stock valued at $9,028,000 after purchasing an additional 2,317 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

SHY opened at $82.62 on Friday. The business has a 50 day moving average price of $82.06 and a two-hundred day moving average price of $82.34. The company has a market cap of $23.08 billion, a PE ratio of 3,755.45 and a beta of 0.03. 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 disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.2735 per share. The ex-dividend date was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.